Martin S. Friedman - 09 Apr 2021 Form 4 Insider Report for Aldel Financial Inc. (HGTY)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
25 Aug 2021, 13:24:49 UTC
Next SEC filing
29 Jul 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Hassan R. Baqar, Attorney-in-Fact

Key filing fact

Martin S. Friedman filed Form 4 for Aldel Financial Inc. (HGTY) on 25 Aug 2021.

Key facts

  • This page summarizes Martin S. Friedman's Form 4 filing for Aldel Financial Inc. (HGTY).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 25 Aug 2021, 13:24.

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.

HGTY transaction

Class A Common stock, par value $0.0001

Purchase

Transaction value
Shares
+25,000
Change %
Price
Shares after
25,000
Date
09 Apr 2021
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

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

HGTY transaction Derivative

Warrant

Purchase

Transaction value
Shares
+12,500
Change %
Price
Shares after
12,500
Date
09 Apr 2021
Ownership
Direct
Underlying class
Class A Common stock, par value $0.0001
Underlying amount
12,500
Exercise price
$11.50
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

Explanation of responses 4 footnotes

Footnote F1

The shares of Class A common stock are held as part of the public units ("Public Units") of Aldel Financial Inc. (the "Company"), with each Public Unit consisting of one share of Class A common stock, par value $0.0001 per share ("Common Stock") and one-half of one warrant to purchase one share of Common Stock at an exercise price of $11.50 per share (the "Warrants").

Footnote F2

The Public Units were purchased for $10.00 per unit.

Footnote F3

The Warrants included in the Public Units will become exercisable at any time commencing on the later of (a) 12 months from April 12, 2021, the closing date of the Company's initial public offering, or (b) 30 days after the completion of the Company's initial business combination.

Footnote F4

The Warrants will expire five years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.

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