Michael Evan Singer - 18 Oct 2021 Form 4 Insider Report for Insight Acquisition Corp. /DE (AMOD)

Reporting relationship: Executive Chairman, Director, 10%+ Owner
Issuer ticker: AMOD
Reported as of: 18 Oct 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 20 Oct 2021, 18:00:16 UTC
Prior SEC filing: 09 Sep 2021
Next SEC filing: 19 Sep 2023
Source filing: View source filing
Reporting owner signature: /s/ Michael Evan Singer

Key filing fact

Michael Evan Singer filed Form 4 for Insight Acquisition Corp. /DE (AMOD) on 20 Oct 2021.

Key facts

This page summarizes Michael Evan Singer's Form 4 filing for Insight Acquisition Corp. /DE (AMOD).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 20 Oct 2021, 18:00.

Change

Previous filing in this sequence was filed on 09 Sep 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.

INAQ transaction Derivative

Class B common stock, $0.0001 par value per share

Other

Transaction value: $0
Shares: -900,000
Change %: -16%
Price: $0.000000
Shares after: 4,650,000
Date: 18 Oct 2021
Ownership: See footnote
Underlying class: Class A common stock, $0.0001 par value per share
Underlying amount: 900,000
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

Explanation of responses 3 footnotes

Footnote F1

Pursuant to the subscription agreement between the Company and Insight Acquisition Sponsor LLC (the "Sponsor"), 900,000 shares of Class B common stock were forfeited to the Issuer since the underwriters did not exercise their over-allotment option in the Issuer's initial public offering of units.

Footnote F2

The shares of Class B common stock are convertible for shares of the Issuer's Class A common stock as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1(File No. 333-258727) (the "Registration Statement") and have no expiration date.

Footnote F3

The shares are held directly by the Sponsor. The managing members of the Sponsor are Jeff Gary and Michael Singer. Each of Mssrs. Gary and Singer have joint voting and dispositive power over the shares held by the Sponsor and disclaim beneficial ownership over any securities owned by the Sponsor in which they do not have any pecuniary interest.