Kenneth F. Clifford - Sep 24, 2021 Form 4 Insider Report for Amplitude Healthcare Acquisition Corp (JSPR)

Role
FORMER OFFICER
Signature
/s/ Bala Venkataraman
Stock symbol
JSPR
Transactions as of
Sep 24, 2021
Transactions value $
$0
Form type
4
Date filed
9/28/2021, 04:33 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JSPR Voting Common Stock Options Exercise +2.3M 2.3M Sep 24, 2021 See Footnote F1, F2, F4

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 JSPR Class B Common Stock Disposed to Issuer $0 +200K $0.00* 0 Sep 24, 2021 Class A Common Stock 200K See Footnote F1, F3, F4
transaction JSPR Class B Common Stock Options Exercise +2.3M 0 Sep 24, 2021 Class A Common Stock 2.3M See Footnote F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kenneth F. Clifford is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As described in the Issuer's registration statement on Form S-1 (File No. 333-234324) under the heading "Description of Securities--Founder Shares", the shares of Class B Common Stock will automatically convert into shares of Class A Common Stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustment described therein and have no expiration date.
F2 On September 24, 2021, Amplitude Healthcare Acquisition Corporation ("AMHC" and the former name of the Issuer) consummated its business combination with Jasper Therapeutics, Inc. (the former name of Jasper Tx Corp.). In connection with the business combination, each share of Class B Common Stock converted to one share of Voting Common Stock. The reporting person resigned as a director and as an officer of the Issuer upon consummation of the business combination.
F3 Pursuant to an agreement by and between the Issuer and Amplitude Healthcare Holdings LLC, concurrent with the consummation of the business combination, these shares of Class B Common Stock were forfeited to the Issuer as of immediately prior to the Merger.
F4 Amplitude Healthcare Holdings LLC, is the record holder of the shares reported herein. Mr. Clifford may be deemed to share beneficial ownership of shares held by Amplitude Healthcare Holdings LLC. Mr. Clifford disclaims beneficial ownership of the shares held by Amplitude Healthcare Holdings LLC except to the extent of his pecuniary interest therein.