Mark A. Weinberger - 23 Dec 2022 Form 4 Insider Report for Accelerate Acquisition Corp.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 23 Dec 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 27 Dec 2022, 15:34:17 UTC
Prior SEC filing: 08 Dec 2022
Next SEC filing: 05 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Michael Simoff, as attorney-in-fact for Mark A. Weinberger

Key filing fact

Mark A. Weinberger filed Form 4 for Accelerate Acquisition Corp. on 27 Dec 2022.

Key facts

This page summarizes Mark A. Weinberger's Form 4 filing for Accelerate Acquisition Corp..
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 27 Dec 2022, 15:34.

Change

Previous filing in this sequence was filed on 08 Dec 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.

AAQC transaction Derivative

Class B common stock

Disposed to Issuer

Transaction value: $0
Shares: -30,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 23 Dec 2022
Ownership: Direct
Underlying class: Class A common stock
Underlying amount: 30,000
Exercise price
Footnotes: F1, F2

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 2 footnotes

Footnote F1

As described in the registration statement on Form S-1 (File No. 333-253764) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock, par value $0.0001 per share, of Accelerate Acquisition Corp. (the "Issuer") would have automatically converted into shares of Class A common stock, par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

Footnote F2

This Form 4 reflects the surrender to the Issuer of 30,000 Class B Shares for no consideration by the Reporting Person pursuant to the Share Forfeiture Letter, dated December 15, 2022 by and between the Issuer and the Reporting Person.