Scott W. Absher - 22 Oct 2021 Form 4 Insider Report for Industrial Human Capital, Inc.

Signature
/s/ Scott W. Absher
Issuer symbol
N/A
Transactions as of
22 Oct 2021
Net transactions value
+$4,639,102
Form type
4
Filing time
25 Oct 2021, 14:32:50 UTC
Previous filing
20 Oct 2021
Next filing
19 Jul 2022

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 AXH Warrants to purchase Common Stock Purchase $4,639,102 +4,639,102 $1.00 4,639,102 22 Oct 2021 Common Stock 4,639,102 $11.50 See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The warrants become exercisable on the later of (i) 30 days after the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering.
F2 The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.
F3 The securities reported herein are directly held by ShiftPixy Investments, Inc., over which Scott W. Absher has voting and dispositive power.. The reporting person disclaims any pecuniary interest in the securities reported herein except to the extent of his beneficial interest in ShiftPixy Investments, Inc.