Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ORGN | Common Stock | Award | +391K | 391K | Jun 25, 2021 | By Trust | F1, F2, F3 |
Id | Content |
---|---|
F1 | Received pursuant to the Agreement and Plan of Merger and Reorganization, dated as of February 16, 2021, as amended, by and among Artius Acquisition Inc. ("Artius"), Zero Carbon Merger Sub Inc., a direct, wholly owned subsidiary of Artius ("Merger Sub") and Micromidas, Inc., doing business as Origin Materials ("Legacy Origin") (the "BCA"), pursuant to which Merger Sub merged with and into Legacy Origin, with Legacy Origin surviving as a wholly owned subsidiary of Artius (which subsequently changed its name to Origin Materials, Inc., the "Issuer"). |
F2 | The BCA provides that the former stockholders and option holders of Legacy Origin will receive additional shares of the Issuer's Common Stock if the dollar volume-weighted average price of the Issuer's Common Stock equals or exceeds $15.00, $20.00 and $25.00 for 10 consecutive trading days during the 3-year, 4-year or 5-year period, respectfully, following June 25, 2021. The reporting person's right to receive up to 141,039 additional shares pursuant to this earn-out became fixed and irrevocable on June 25, 2021, the effective date of the merger. |
F3 | Shares are owned directly by The Galowitz Family 2021 Trust dated February 16, 2021. |
This amendment to Form 4 is being filed solely to report shares held by The Galowitz Family 2021 Trust dated February 16, 2021, which were inadvertently not included the original Form 4 filing.