Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NSTB | Class A Common Stock | Conversion of derivative security | $0 | +58.3K | +0.6% | $0.00 | 9.77M | Apr 8, 2024 | by Northern Star II Sponsor LLC | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NSTB | Class B Common Stock | Conversion of derivative security | $0 | -58.3K | -100% | $0.00* | 0 | Apr 8, 2024 | Class A Common Stock | 58.3K | $0.00 | by Northern Star II Sponsor LLC | F1, F2 |
Id | Content |
---|---|
F1 | These shares are owned directly by Northern Star II Sponsor LLC, a ten percent owner of the issuer, and indirectly by its managing member, Jonathan Ledecky, the Issuer's President and Chief Operating Officer and a director on its Board of Directors. Mr. Ledecky disclaims beneficial ownership of the securities held by Northern Star II Sponsor LLC, except to the extent of his pecuniary interest therein. |
F2 | The Class B Common Stock converts into Class A Common Stock upon the earlier of (1) request by the holder or (2) automatically at the time of the Issuer's initial business combination. Such conversion shall be on a one-for-one basis, subject to adjustment. The Class B Common Stock has no exercise or conversion price, nor expiration date. |