Robert Wolf - 22 Jun 2022 Form 4 Insider Report for EJF Acquisition Corp.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
22 Jun 2022, 17:00:27 UTC
Prior SEC filing
28 Dec 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kevin Stein, Attorney-in-Fact

Key filing fact

Robert Wolf filed Form 4 for EJF Acquisition Corp. on 22 Jun 2022.

Key facts

  • This page summarizes Robert Wolf's Form 4 filing for EJF Acquisition Corp..
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 22 Jun 2022, 17:00.

Change

  • Previous filing in this sequence was filed on 28 Dec 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 derivative securities

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

EJFA transaction Derivative

Class B ordinary shares

Disposed to Issuer

Transaction value
Shares
-40,000
Change %
-100%
Price
Shares after
0
Date
22 Jun 2022
Ownership
By LLC
Underlying class
Class A ordinary shares
Underlying amount
40,000
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 3 footnotes

Footnote F1

As described in the prospectus for the initial public offering (File No. 333-252892) of EJF Acquisition Corp. ("EJFA") under the heading "Description of Securities--Founder Shares," the EJFA Class B ordinary shares were automatically convertible into EJFA Class A ordinary shares concurrently with, or immediately following, the consummation of EJFA's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights.

Footnote F2

On June 22, 2022, pursuant to an Agreement and Plan of Merger dated as of September 15, 2021 (the "Merger Agreement"), by among EJFA, Pagaya Technologies Ltd. ("Pagaya") and Rigel Merger Sub Inc., a wholly owned subsidiary of Pagaya ("Merger Sub"), Merger Sub merged with and into EJFA (the "Merger"), with EJFA surviving the Merger as a wholly-owned subsidiary of Pagaya. At the effective time of the Merger, each EJFA Class B ordinary share ceased to be outstanding and automatically converted into the right to receive one Class A ordinary share of Pagaya.

Footnote F3

The Reporting Person disclaims beneficial ownership of securities reported herein as indirectly held, except to the extent of his pecuniary interest therein.

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