Charles S. Paul - 05 Jan 2022 Form 4 Insider Report for VPC Impact Acquisition Holdings III, Inc. (DAVE)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
07 Jan 2022, 19:39:04 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John Ricci, As Attorney-in-Fact

Key filing fact

Charles S. Paul filed Form 4 for VPC Impact Acquisition Holdings III, Inc. (DAVE) on 07 Jan 2022.

Key facts

  • This page summarizes Charles S. Paul's Form 4 filing for VPC Impact Acquisition Holdings III, Inc. (DAVE).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 07 Jan 2022, 19:39.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • 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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

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

DAVE transaction

Class A Common Stock

Award

Transaction value
Shares
+772,000
Change %
Price
Shares after
772,000
Date
05 Jan 2022
Ownership
Direct
Footnotes
F1
DAVE transaction

Class A Common Stock

Award

Transaction value
Shares
+15,328,524
Change %
Price
Shares after
15,328,524
Date
05 Jan 2022
Ownership
By Charles S. Paul Living Trust
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On January 5, 2022, pursuant to that certain Agreement and Plan of Merger, dated as of June 7, 2021 (the "Merger Agreement"), by and among VPC Impact Acquisition Holdings III, Inc. (the "Issuer"), Dave Inc., a Delaware corporation ("Legacy Dave"), and the other parties thereto, the Issuer completed its initial business combination (the "Business Combination"). As a result of the Business Combination, the Issuer changed its name to Dave Inc. In connection with the Business Combination and in accordance with the Merger Agreement, 570,000 shares of Class A Common Stock of Legacy Dave held by the Reporting Person were converted into 772,000 shares of Class A Common Stock of the Issuer. The issuance of the shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").

Footnote F2

In connection with the Business Combination and in accordance with the Merger Agreement, 11,317,680 shares of Class A Common Stock of Legacy Dave held by the Reporting Person were converted into 15,328,524 shares of Class A Common Stock of the Issuer. The issuance of the shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Exchange Act. These shares are held in trust for the benefit of the Reporting Person. As trustee, the Reporting Person may be deemed to have voting and dispositive power over the shares held by the Charles S. Paul Living Trust.

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