Northern Star Sponsor LLC - Jun 1, 2021 Form 4 Insider Report for Northern Star Acquisition Corp. (BARK)

Role
10%+ Owner
Signature
/s/ Joanna Coles, managing member
Stock symbol
BARK
Transactions as of
Jun 1, 2021
Transactions value $
$0
Form type
4
Date filed
6/3/2021, 09:43 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BARK Common Stock Conversion of derivative security +6.11M 6.11M Jun 1, 2021 By Northern Star Sponsor LLC F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BARK Class B Common Stock Conversion of derivative security -6.11M -100% 0 Jun 1, 2021 Common Stock 6.11M By Northern Star Sponsor LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B common stock automatically converted into Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis. The Class B common stock had no expiration date. Upon consummation of the business combination, the Class A common stock was redesignated as common stock (without class designation).
F2 These securities are owned directly by Northern Star Sponsor LLC, a ten percent owner of the Issuer, and indirectly by its managing members, Joanna Coles, a director of the Issuer and the Issuer's former Chief Executive Officer, and Jonathan J. Ledecky, a director of the Issuer and the Issuer's former Chief Operating Officer. Each of Ms. Coles and Mr. Ledecky disclaims beneficial ownership of the securities held by Northern Star Sponsor LLC, except to the extent of his or her pecuniary interest therein.