Larry G. Swets Jr. - 30 Jun 2021 Form 4 Insider Report for FG New America Acquisition Corp. (OPFI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
02 Jul 2021, 11:50:31 UTC
Next SEC filing
23 Aug 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sarah Ross, Attorney-in-Fact for Larry G. Swets, Jr.

Key filing fact

Larry G. Swets Jr. filed Form 4 for FG New America Acquisition Corp. (OPFI) on 02 Jul 2021.

Key facts

  • This page summarizes Larry G. Swets Jr.'s Form 4 filing for FG New America Acquisition Corp. (OPFI).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 02 Jul 2021, 11:50.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: +$229,600.

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.

OPFI transaction

Class A Common Stock, par value $0.0001 per share

Purchase

Transaction value
$229,600
Shares
+20,000
Change %
+100%
Price
$11.48
Shares after
40,000
Date
30 Jun 2021
Ownership
Direct
Footnotes
F1, F2
OPFI holding

Class A Common Stock, par value $0.0001 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
462,500
Date
30 Jun 2021
Ownership
Held by FG New America Investors LLC.
Footnotes
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

Represents 20,000 shares of Class A common stock included in 20,000 units purchased by Larry G. Swets, Jr. Each unit comprises one share of Class A common stock and one-half of one warrant.

Footnote F2

The reporting person effected multiple same-way open market purchase transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person reported on a single line all such transactions that occurred within a one-dollar price range. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.40 to $11.50, inclusive. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares purchased at each separate price.

Footnote F3

Represents 462,500 shares of Class A common stock included in the Private Placement Units, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-248429), which are held by FG New America Investors LLC (the "Sponsor"). Mr. Swets is a manager of the Sponsor and shares voting and investment discretion with respect to the shares of common stock held of record by the Sponsor. Mr. Swets disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

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