Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HPLT | Class A Common Stock | Conversion of derivative security | $0 | +3.55M | $0.00 | 3.55M | Mar 30, 2023 | Direct | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HPLT | Class B Common Stock | Conversion of derivative security | $0 | -3.55M | -100% | $0.00* | 0 | Mar 30, 2023 | Class A Common Stock | 3.55M | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The shares of Class B common stock, par value $0.0001 per share ("Class B Common Stock"), of the issuer are convertible into an equal number of shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the issuer and have no expiration date. On March 30, 2023, the Reporting Person elected to convert 3,550,000 shares of Class B Common Stock into shares of Class A Common Stock. |
F2 | The number of shares of Class B Common Stock gives effect to the forfeiture of 750,000 shares of Class B Common Stock by the Reporting Person, with effect as of November 13, 2021, as a result of the underwriters in the issuer's initial public offering not exercising the over-allotment option in full or in part. |
F3 | The shares are held directly by the Reporting Person. Daniel Ciporin indirectly controls the Reporting Person, and may be deemed to beneficially own the securities held by the Reporting Person. Mr. Ciporin disclaims beneficial ownership of the securities held by the Reporting Person except to the extent of his pecuniary interest therein. |