Cfac Holdings IV, Llc - Jun 12, 2023 Form 4 Insider Report for CF ACQUISITION CORP. IV (CFIV)

Role
10%+ Owner
Signature
/s/ Howard Lutnick
Stock symbol
CFIV
Transactions as of
Jun 12, 2023
Transactions value $
$0
Form type
4
Date filed
6/13/2023, 04:05 PM
Previous filing
Jan 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CFIV Class A Common Stock Conversion of derivative security +12.4M +1239.72% 13.4M Jun 12, 2023 Direct F1, F2, F3

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 CFIV Class B Common Stock Conversion of derivative security -12.4M -99.2% 100K Jun 12, 2023 Class A Common Stock 12.4M Direct F1, 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 of the issuer have no expiration date and are convertible into shares of Class A common stock of the issuer on a one-for-one basis. On June 12, 2023, the reporting person elected to convert 12,366,250 shares of Class B common stock held by it into shares of Class A common stock.
F2 Includes 997,500 shares of Class A common stock underlying private placement units (each unit consisting of one share of Class A common stock and one third of one warrant, each whole warrant exercisable to purchase one share of Class A common stock) held by CFAC Holdings IV, LLC (the "Sponsor"), acquired in connection with the issuer's initial public offering.
F3 The Sponsor is the record holder of the shares reported herein. Cantor Fitzgerald, L.P. ("Cantor") is the sole member of the Sponsor. CF Group Management, Inc. ("CFGM") is the managing general partner of Cantor. Mr. Lutnick, the issuer's Chairman and Chief Executive Officer, is the trustee of the sole stockholder of CFGM. As such, each of Cantor, CFGM and Mr. Lutnick may be deemed to have beneficial ownership of the securities directly held by the Sponsor. Each such entity or person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.