Key facts
- This page summarizes MASTEC INC's Form 4 filing for American Virtual Cloud Technologies, Inc..
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 10 Sep 2021, 16:15.
MASTEC INC - 08 Sep 2021 Form 4 Insider Report for American Virtual Cloud Technologies, Inc.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 08 Sep 2021
- Net transaction value
- +$3,453,657
- Reporting owner signature
- /s/ Albert de Cardenas
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
MASTEC INC filed Form 4 for American Virtual Cloud Technologies, Inc. on 10 Sep 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: +$3,453,657.
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 non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AVCT
transaction
Common Stock
Conversion of derivative security
- Transaction value
- $3,453,657
- Shares
- +1,001,060
- Change %
- +59%
- Price
- $3.45*
- Shares after
- 2,702,060
- Date
- 08 Sep 2021
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AVCT
transaction
Derivative
Series A Convertible Debenture
Conversion of derivative security
- Transaction value
- $0
- Shares
- -3,453,656
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 08 Sep 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,001,060
- Exercise price
- $3.45
- Footnotes
- F1, F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
MASTEC INC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
Reflects the mandatory conversion (the "Conversion") of a certain convertible debenture (the "Convertible Debenture"), subject to Securities Exchange Act of 1934 Rule 16b-6(b).
Footnote F2
Represents the principal amount (inclusive of accreted interest, pursuant to the terms of the Convertible Debenture) that was outstanding under the Convertible Debenture as of the date of Conversion.
Footnote F3
The expiration date is the date that the principal amount of the Convertible Debenture (together with all accrued but unpaid interest thereon) is paid in full, subject to mandatory conversion of the Convertible Debenture in whole pursuant to the terms thereof.
Footnote F4
Determined by dividing $3,453,655.77, the principal amount of the Convertible Debenture as of the date of Conversion, by the conversion price of $3.45.