Flatley Jay T. - 25 May 2021 Form 3 Insider Report for Dynamics Special Purpose Corp. (SNTI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
3
Accepted by SEC
25 May 2021, 20:23:54 UTC
Prior SEC filing
20 May 2021
Next SEC filing
03 Jun 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mostafa Ronaghi, as attorney-in-fact for Jay T. Flatley

Key filing fact

Flatley Jay T. filed Form 3 for Dynamics Special Purpose Corp. (SNTI) on 25 May 2021.

Key facts

  • This page summarizes Flatley Jay T.'s Form 3 filing for Dynamics Special Purpose Corp. (SNTI).
  • 0 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 25 May 2021, 20:23.

Change

  • Previous filing in this sequence was filed on 20 May 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SNTI holding

Class A common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10,733
Date
25 May 2021
Ownership
See footnote
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SNTI holding Derivative

Class B common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
25 May 2021
Ownership
See footnote
Underlying class
Class A common stock
Underlying amount
112,519
Exercise price
$0.000000
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Up to 900 of these shares of Class A common stock will be forfeited in the event the underwriters for the Issuer's initial public offering do not exercise in full their overallotment option in connection with that offering, all as described in the Issuer's prospectus on Form S-1 filed on May 7, 2021 (the "Prospectus").

Footnote F2

Dynamics Sponsor LLC, a Delaware limited liability company, (the "Sponsor") is the record holder of these shares. The Sponsor is governed by a board of managers consisting of Omid Farokhzad and Mostafa Ronaghi who hold an economic interest therein. Any action by the Sponsor with respect to Issuer or the shares reported above, including voting and dispositive decisions, requires unanimous approval of the managers.

Footnote F3

These shares of Class B common stock will automatically convert on a one-for-one basis (subject to adjustment) into Class A common stock for no additional consideration at the time of the initial business combination by the Issuer, subject to the adjustments described in the Prospectus. The shares of Class B Common Stock have no expiration date.

Footnote F4

Up to 4,894 of these shares of Class B common stock will be forfeited in the event the underwriters for the Issuer's initial public offering do not exercise in full their overallotment option in connection with that offering, all as described in the Prospectus.

SEC remarks

Exhibit List - Exhibit 24 - Power of Attorney

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