Bruce S. Lubin - 21 Apr 2023 Form 4 Insider Report for Banyan Acquisition Corp (PNST)

Reporting relationship: Director
Issuer ticker: PNST
Reported as of: 21 Apr 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 25 Apr 2023, 20:29:37 UTC
Prior SEC filing: 19 Jan 2022
Next SEC filing: 29 Dec 2023
Source filing: View source filing
Reporting owner signature: /s/ By POA from Bruce Lubin

Key filing fact

Bruce S. Lubin filed Form 4 for Banyan Acquisition Corp (PNST) on 25 Apr 2023.

Key facts

This page summarizes Bruce S. Lubin's Form 4 filing for Banyan Acquisition Corp (PNST).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 25 Apr 2023, 20:29.

Change

Previous filing in this sequence was filed on 19 Jan 2022.
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 derivative securities

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

BYN transaction Derivative

Class B common stock

Award

Transaction value
Shares: +39,375
Change %
Price
Shares after: 39,375
Date: 21 Apr 2023
Ownership: Direct
Underlying class: Class A common stock
Underlying amount: 39,375
Exercise price: $0.000000
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Pursuant to the amendment to the amended and restated certificate of incorporation of Banyan Acquisition Corporation ("Banyan") that became effective on April 21, 2023, the shares of Class B Common Stock held by the Reporting Person became convertible into shares of Class A Common Stock at any time at the Reporting Person's election on a one-for-one basis. The shares of Class B Common Stock also automatically convert into shares of Class A Common Stock at the time of the closing of Banyan's initial business combination on a one-for-one basis and have no expiration date.

SEC remarks

Exhibit List: Exhibit 24 - Power of Attorney