Key facts
- This page summarizes Bilander Holdings, LLC's Form 4 filing for Bilander Acquisition Corp..
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 26 Jul 2022, 16:11.
Bilander Holdings, LLC - 09 May 2022 Form 4 Insider Report for Bilander Acquisition Corp.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 09 May 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 26 Jul 2022, 16:11:36 UTC
- Prior SEC filing
- 15 Jul 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Rufina Adams, as Attorney-in-Fact for Bilander Holdings, LLC
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Bilander Holdings, LLC filed Form 4 for Bilander Acquisition Corp. on 26 Jul 2022.
Change
- Previous filing in this sequence was filed on 15 Jul 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
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
TWCB
transaction
Derivative
Class B common stock
Other
- Transaction value
- Shares
- +8,334
- Change %
- +0.15%
- Price
- Shares after
- 5,542,198
- Date
- 09 May 2022
- Ownership
- Direct
- Underlying class
- Class A common stock
- Underlying amount
- 8,334
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
As described in the issuer's registration statement on Form S-1 (File No. 333-253419) under the heading "Principal Stockholders", the Class B common stock will automatically convert into shares of Class A common stock in three tranches after the issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights. Shares of Class B common stock that are issued and outstanding on the ten year anniversary of issuer's initial business combination will be automatically forfeited for no consideration.
Footnote F2
Represents shares of Class B common stock transferred back to the reporting persons for no consideration following the resignation of Alexi Wellman from the issuer's board of directors on May 9, 2022. Prior to this transfer, the reporting persons held 5,533,864 shares of Class B common stock as a result of its forfeiture of 132,801 shares of Class B of common stock in connection with the partial exercise of the over-allotment option granted by the issuer pursuant to the underwriting agreement for the issuer's initial public offering.
Footnote F3
This Form 4 is being filed by Bilander Holdings, LLC, a Delaware limited liability company and sponsor of the issuer ("Sponsor"). Shipyard Advisors, L.P. ("Shipyard") is the managing member of Sponsor and Bilander Aggregator, LLC. Shipyard Advisors GP, LLC is the general partner of Shipyard. As the managing members of Shipyard Advisors GP, LLC, James H. Greene and Adam H. Clammer may be deemed to have or share beneficial ownership of the Class B common stock held directly by Sponsor. Each such 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.