Key facts
- This page summarizes Dan Preston's Form 4 filing for VPC Impact Acquisition Holdings III, Inc. (DAVE).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 07 Jan 2022, 19:40.
Dan Preston - 05 Jan 2022 Form 4 Insider Report for VPC Impact Acquisition Holdings III, Inc. (DAVE)
- Reporting relationship
- Director
- Issuer ticker
- DAVE
- Reported as of
- 05 Jan 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 07 Jan 2022, 19:40:08 UTC
- Prior SEC filing
- 11 Feb 2022
- Next SEC filing
- 09 May 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ John Ricci, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Dan Preston filed Form 4 for VPC Impact Acquisition Holdings III, Inc. (DAVE) on 07 Jan 2022.
Change
- Previous filing in this sequence was filed on 11 Feb 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DAVE
transaction
Derivative
Stock Option (right to buy)
Award
- Transaction value
- Shares
- +772,000
- Change %
- Price
- Shares after
- 772,000
- Date
- 05 Jan 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 772,000
- Exercise price
- $0.0300
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
On January 5, 2022, pursuant to that certain Agreement and Plan of Merger, dated as of June 7, 2021 (the "Merger Agreement"), by and among VPC Impact Acquisition Holdings III, Inc. (the "Issuer"), Dave Inc., a Delaware corporation ("Legacy Dave"), and the other parties thereto, the Issuer completed its initial business combination (the "Business Combination"). As a result of the Business Combination, the Issuer changed its name to Dave Inc. In connection with the Business Combination and in accordance with the Merger Agreement, an option to purchase 570,000 shares of Class A Common Stock of Legacy Dave held by the Reporting Person was converted into an option to purchase 772,000 shares of Class A Common Stock of the Issuer. The issuance of the option was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
Footnote F2
This exercise price reflects the conversion of Legacy Dave options to options to purchase shares of Class A Common Stock of the Issuer.
Footnote F3
The option is fully vested and exercisable.