Daniel S. Loeb - Nov 11, 2021 Form 4 Insider Report for Fintech Acquisition Corp V (FTCV)

Role
10%+ Owner
Signature
DANIEL S. LOEB, /s/ William Song, as Attorney-in-Fact for Daniel S. Loeb
Stock symbol
FTCV
Transactions as of
Nov 11, 2021
Transactions value $
-$5,134,493
Form type
4
Date filed
11/15/2021, 05:00 PM
Previous filing
Aug 24, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTCV Class A common stock, $0.0001 par value Sale -$677K -63.8K -2.13% $10.61* 2.94M Nov 11, 2021 See footnote F1, F2
transaction FTCV Class A common stock, $0.0001 par value Sale -$1.88M -180K -6.12% $10.49* 2.76M Nov 12, 2021 See footnote F1, F3
transaction FTCV Class A common stock, $0.0001 par value Sale -$2.57M -245K -8.9% $10.49* 2.51M Nov 15, 2021 See footnote F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Daniel S. Loeb is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The securities disclosed in this Form 4 are owned by certain funds (the "Funds") managed by Third Point LLC ("Third Point"). Daniel S. Loeb is the Chief Executive Officer of Third Point. By reason of the provisions of Rules 13d-3 and 16a-1 under the Securities Exchange Act of 1934, as amended, Third Point and Mr. Loeb may be deemed to be the beneficial owners of the securities beneficially owned by the Funds. The filing of this statement shall not be deemed an admission that either of Third Point or Mr. Loeb are the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise. Third Point and Mr. Loeb hereby disclaim beneficial ownership of all such securities, except to the extent of any indirect pecuniary interest therein.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.525 to approximately $10.69, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 2 to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.40 to approximately $10.725, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 3 to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.43 to approximately $10.63, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 4 to this Form 4.

Remarks:

The Power of Attorney granted by Daniel S. Loeb in favor of William Song and Joshua L. Targoff, dated February 17, 2021, was previously filed with the SEC on March 4, 2021 as Exhibit 24 to the Form 4 filed by Third Point LLC and Daniel S. Loeb with respect to Radius Global Infrastructure Inc. and is incorporated herein by reference.