Key facts
- This page summarizes Lynn Eisenhart's Form 4 filing for FTAC Olympus Acquisition Corp..
- 5 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 29 Jun 2021, 20:04.
Lynn Eisenhart - 25 Jun 2021 Form 4 Insider Report for FTAC Olympus Acquisition Corp.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 25 Jun 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 29 Jun 2021, 20:04:09 UTC
- Next SEC filing
- 18 Nov 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Amanda Abrams, as attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Lynn Eisenhart filed Form 4 for FTAC Olympus Acquisition Corp. on 29 Jun 2021.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FTOC
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +20,986
- Change %
- Price
- Shares after
- 20,986
- Date
- 25 Jun 2021
- Ownership
- By FTAC Olympus Advisors, LLC
- Footnotes
- F1, F2, F3
FTOC
transaction
Class A Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -20,986
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 25 Jun 2021
- Ownership
- By FTAC Olympus Advisors, LLC
- Footnotes
- F2, F3, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FTOC
transaction
Derivative
Class B Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -2,500
- Change %
- -10%
- Price
- Shares after
- 22,500
- Date
- 25 Jun 2021
- Ownership
- By FTAC Olympus Advisors, LLC
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,500
- Exercise price
- Footnotes
- F2, F3, F4, F5, F6
FTOC
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- Shares
- -1,514
- Change %
- -6.7%
- Price
- Shares after
- 20,986
- Date
- 25 Jun 2021
- Ownership
- By FTAC Olympus Advisors, LLC
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,514
- Exercise price
- Footnotes
- F2, F3, F6, F7
FTOC
transaction
Derivative
Class B Common Stock
Options Exercise
- Transaction value
- Shares
- -20,986
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 25 Jun 2021
- Ownership
- FTAC Olympus Advisors, LLC
- Underlying class
- Class A Common Stock
- Underlying amount
- 20,986
- Exercise price
- Footnotes
- F1, F2, F3, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Lynn Eisenhart is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 7 footnotes
Footnote F1
On June 25, 2021 (the "Closing Date"), FTAC Olympus Acquisition Corp. (the "Issuer") completed its reorganization (the "Reorganization") contemplated by that certain Agreement and Plan of Reorganization, dated as of February 3, 2021, as amended on February 16, 2021 and on May 10, 2021 (as it may be further amended or modified, the "Reorganization Agreement"), by and among the Issuer, New Starship Parent Inc. ("New Payoneer"), Starship Merger Sub I Inc., a Delaware corporation and wholly owned subsidiary of New Payoneer, Starship Merger Sub II Inc., a Delaware corporation and wholly owned subsidiary of New Payoneer, and Payoneer Inc., a Delaware corporation (the "Reorganization Agreement"), the parties effected a business combination, concurrent with the consummation of the Reorganization, the shares of Class B Common Stock were converted into Class A Common Stock of the Issuer.
Footnote F2
The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
Footnote F3
These shares are held directly by one of the Issuer's sponsor FTAC Olympus Advisors, LLC ("Olympus Advisors").
Footnote F4
Disposed of pursuant to Reorganization Agreement in exchange for 20,986 shares of New Payoneer common stock on the Closing Date of the Reorganization.
Footnote F5
These securities were forfeited in connection with the Sponsor Share Surrender and Share Restriction Agreement entered into on February 3, 2021 between New Payoneer, Payoneer Inc., the Issuer, FTAC Olympus Sponsor, LLC ("Olympus Sponsor") and Olympus Advisors in connection with the Reorganization.
Footnote F6
The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the Issuer's charter documents and have no expiration date.
Footnote F7
Represents shares transferred to other members of Olympus Sponsor and Olympus Advisors pursuant to certain side letters by and among certain members of Olympus Sponsor and Olympus Advisors.
SEC remarks
On June 24, 2021, FTAC Olympus Acquisition Corp., a Delaware corporation, became the successor of FTAC Olympus Acquisition Corp., a Cayman Island exempted company, pursuant to a redomestication. The merger had the effect of changing of FTAC Olympus Acquisition Corp.'s domicile, but did not alter the proportionate interests of security holders.