Daniel S. Loeb - 11 Nov 2021 Form 4 Insider Report for Fintech Acquisition Corp V

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Nov 2021, 17:00:59 UTC
Prior SEC filing
24 Aug 2021
Next SEC filing
17 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
DANIEL S. LOEB, /s/ William Song, as Attorney-in-Fact for Daniel S. Loeb

Key filing fact

Daniel S. Loeb filed Form 4 for Fintech Acquisition Corp V on 15 Nov 2021.

Key facts

  • This page summarizes Daniel S. Loeb's Form 4 filing for Fintech Acquisition Corp V.
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 15 Nov 2021, 17:00.

Change

  • Previous filing in this sequence was filed on 24 Aug 2021.
  • Current net transaction value: -$5,134,493.

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.

FTCV transaction

Class A common stock, $0.0001 par value

Sale

Transaction value
$676,863
Shares
-63,778
Change %
-2.1%
Price
$10.61*
Shares after
2,936,222
Date
11 Nov 2021
Ownership
See footnote
Footnotes
F1, F2
FTCV transaction

Class A common stock, $0.0001 par value

Sale

Transaction value
$1,882,817
Shares
-179,557
Change %
-6.1%
Price
$10.49*
Shares after
2,756,665
Date
12 Nov 2021
Ownership
See footnote
Footnotes
F1, F3
FTCV transaction

Class A common stock, $0.0001 par value

Sale

Transaction value
$2,574,813
Shares
-245,440
Change %
-8.9%
Price
$10.49*
Shares after
2,511,225
Date
15 Nov 2021
Ownership
See footnote
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 4 footnotes

Footnote F1

The securities disclosed in this Form 4 are owned by certain funds (the "Funds") managed by Third Point LLC ("Third Point"). Daniel S. Loeb is the Chief Executive Officer of Third Point. By reason of the provisions of Rules 13d-3 and 16a-1 under the Securities Exchange Act of 1934, as amended, Third Point and Mr. Loeb may be deemed to be the beneficial owners of the securities beneficially owned by the Funds. The filing of this statement shall not be deemed an admission that either of Third Point or Mr. Loeb are the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise. Third Point and Mr. Loeb hereby disclaim beneficial ownership of all such securities, except to the extent of any indirect pecuniary interest therein.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.525 to approximately $10.69, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 2 to this Form 4.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.40 to approximately $10.725, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 3 to this Form 4.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.43 to approximately $10.63, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 4 to this Form 4.

SEC remarks

The Power of Attorney granted by Daniel S. Loeb in favor of William Song and Joshua L. Targoff, dated February 17, 2021, was previously filed with the SEC on March 4, 2021 as Exhibit 24 to the Form 4 filed by Third Point LLC and Daniel S. Loeb with respect to Radius Global Infrastructure Inc. and is incorporated herein by reference.

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