Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RVAC | Class B Common Stock | Other | $100 | +25K | $0.00* | 25K | Aug 10, 2021 | Class A Common Stock | 25K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The shares of Class B common stock are automatically convertible into the shares of the Issuer's Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The shares of Class B common stock are subject to forfeiture under certain circumstances relating to Mr. Edmunds' service on the Issuer's Board of Directors. |
F2 | As contemplated by the securities purchase agreement between Riverview Sponsor Partners, LLC (the "Sponsor") and Mr. Edmunds, dated August 6, 2021, the Sponsor assigned 25,000 shares of Class B common stock to Mr. Edmunds in connection with Mr. Edmunds' appointment to the Issuer's Board of Directors. |