Jack E. Stover - Dec 20, 2021 Form 4 Insider Report for NorthView Acquisition Corp (NVAC)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Jack Stover
Stock symbol
NVAC
Transactions as of
Dec 20, 2021
Transactions value $
$5,162,500
Form type
4
Date filed
12/23/2021, 04:27 PM
Previous filing
Jul 30, 2021
Next filing
Aug 23, 2022

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 NVAC Private Warrants to purchase common stock Purchase $5.16M +5.16M $1.00* 5.16M Dec 20, 2021 Common stock 5.16M $11.50 By NorthView Sponsor I, LLC F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 NorthView Sponsor I, LLC ("Sponsor") purchased 5,162,500 warrants on December 20, 2021, as described in the issuer's registration statement on Form S-1 (File No. 333-257156), in a private placement of warrants at a price of $1.00 per private placement warrant. Each whole private placement warrant is exercisable to purchase one share of common stock at a price of $11.50 per share.
F2 The warrants become exercisable on the later of (i) 30 days after the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering.
F3 The warrants expire five years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the Form S-1 (File No. 333-257156).
F4 The warrants are held by Sponsor. Jack Stover is the manager of the Sponsor. Mr. Stover disclaims beneficial ownership of the securities held by the Sponsor except to the extent of his pecuniary interest therein.