FinTech Masala Advisors V, LLC - 08 Dec 2020 Form 4 Insider Report for Fintech Acquisition Corp V

Role
10%+ Owner
Signature
/s/ Daniel G. Cohen, Chief Executive Officer
Issuer symbol
N/A
Transactions as of
08 Dec 2020
Net transactions value
$0
Form type
4
Filing time
15 Oct 2021, 16:10:38 UTC
SEC
View on sec.gov

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 FTCV Class B Common Stock Other -23,333 -0.39% 5,886,667 08 Dec 2020 Class A Common Stock 23,333 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 adjustments described in the issuer's charter documents and have no expiration date.
F2 Forfeiture and cancellation of shares of Class B common stock for no consideration because the underwriters' over-allotment option was not exercised in full.
F3 The reporting person disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owners of such securities for any other purpose.