Michael E. Leitner - 27 Oct 2022 Form 4 Insider Report for Endurance Acquisition Corp.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
31 Oct 2022, 17:23:15 UTC
Prior SEC filing
15 Sep 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Tyler Miller as attorney-in-fact for Michael E. Leitner

Key filing fact

Michael E. Leitner filed Form 4 for Endurance Acquisition Corp. on 31 Oct 2022.

Key facts

  • This page summarizes Michael E. Leitner's Form 4 filing for Endurance Acquisition Corp..
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 31 Oct 2022, 17:23.

Change

  • Previous filing in this sequence was filed on 15 Sep 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

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.

EDNC transaction

Class A Ordinary Shares

Options Exercise

Transaction value
$0
Shares
+35,000
Change %
Price
$0.000000
Shares after
35,000
Date
27 Oct 2022
Ownership
Direct
EDNC transaction

Class A Ordinary Shares

Disposed to Issuer

Transaction value
Shares
-35,000
Change %
-100%
Price
Shares after
0
Date
27 Oct 2022
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

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

EDNC transaction Derivative

Class B Ordinary Shares

Options Exercise

Transaction value
Shares
-35,000
Change %
-100%
Price
Shares after
0
Date
27 Oct 2022
Ownership
Direct
Underlying class
Class A Ordinary Shares
Underlying amount
35,000
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Michael E. Leitner is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Pursuant to the Business Combination Agreement, dated March 8, 2022, as amended, by and among the Issuer, SatixFy Communications Ltd., a limited liability company organized under the laws of the State of Israel ("SatixFy"), and SatixFy MS, a Cayman Islands exempted company and a direct, wholly owned subsidiary of SatixFy ("Merger Sub"), on October 27, 2022 Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of SatixFy (the "Business Combination").

Footnote F2

As a result of the Business Combination, (i) each Class B ordinary share of the Issuer was automatically converted into one Class A ordinary share of the Issuer and (ii) each issued and outstanding Class A ordinary share of the Issuer was exchanged for one ordinary share of SatixFy.

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