Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VRT | Class A Common Stock | Gift | $0 | -8.57M | -100% | $0.00* | 0 | Dec 8, 2023 | See Footnote | F1 |
holding | VRT | Class A Common Stock | 62.3K | Dec 8, 2023 | See Footnote | F2 | |||||
holding | VRT | Class A Common Stock | 2M | Dec 8, 2023 | See Footnote | F3 | |||||
holding | VRT | Class A Common Stock | 200 | Dec 8, 2023 | See Footnote | F4 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VRT | Private Placement Warrants | Gift | $0 | -5.27M | -100% | $0.00* | 0 | Dec 8, 2023 | Class A Common Stock | 5.27M | $11.50 | See Footnote | F1, F5 |
Id | Content |
---|---|
F1 | The Reporting Person previously indirectly beneficially owned these shares of Class A common stock and Private Placement Warrants through Cote SPAC 1 LLC. As of December 8, 2023, the Reporting Person has ceased to serve as manager of Cote SPAC 1 LLC and therefore has ceased to have beneficial ownership of such securities. As of the date of this Form 4, these securities have not been sold and remain held by Cote SPAC 1 LLC. |
F2 | Reflects securities held directly by the Reporting Person's spouse. |
F3 | Reflects securities held directly by Atlanta Sons LLC, of which the Reporting Person is the manager, and for which the limited liability company interests are held in trusts for the benefit of his family, over which the Reporting Person has investment control. |
F4 | Reflects securities held directly by David M. Cote 2018 Revocable Trust, of which the Reporting Person is the trustee. |
F5 | Each Private Placement Warrant is exercisable for one share of Class A common stock at an exercise price of $11.50 per share, subject to certain adjustments. The warrants expire on February 7, 2025 or earlier upon redemption or liquidation. |