Key facts
- This page summarizes Sam Gabbita's Form 4 filing for Qell Acquisition Corp.
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 17 Sep 2021, 19:31.
Sam Gabbita - 14 Sep 2021 Form 4 Insider Report for Qell Acquisition Corp
- Reporting relationship
- CFO & Director, Director
- Issuer ticker
- N/A
- Reported as of
- 14 Sep 2021
- Net transaction value
- $0
- Reporting owner signature
- /s/ Barry Engle, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Sam Gabbita filed Form 4 for Qell Acquisition Corp on 17 Sep 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.
QELLU
transaction
Class A Ordinary Shares
Options Exercise
- Transaction value
- $0
- Shares
- +6,796,055
- Change %
- Price
- $0.000000
- Shares after
- 6,796,055
- Date
- 14 Sep 2021
- Ownership
- See Footnote
- Footnotes
- F1, F2, F3
QELLU
transaction
Class A Ordinary Shares
Other
- Transaction value
- $0
- Shares
- -6,796,055
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 14 Sep 2021
- Ownership
- See Footnote
- Footnotes
- F3, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
QELLU
transaction
Derivative
Class B Ordinary Shares
Options Exercise
- Transaction value
- Shares
- -8,625,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 14 Sep 2021
- Ownership
- See Footnote
- Underlying class
- Class A Ordinary Shares
- Underlying amount
- 8,625,000
- Exercise price
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Sam Gabbita 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 shares automatically converted into Class A ordinary shares per the terms outlined in the Business Combination Agreement dated as of March 30, 2021, by and among the Issuer, Lilium GmbH, Lilium B.V. and Queen Cayman Merger LLC. The Business Combination closed on September 14, 2021.
Footnote F2
The total number reported in this column includes the forfeiture of 1,828,945 Class B Ordinary Shares pursuant to a Sponsor Letter Agreement.
Footnote F3
These shares are held by Qell Partners II LLC ("Sponsor") of which the Reporting Person is the manager. As such, the Reporting Person has voting and investment discretion and may be deemed to have beneficial ownership with respect to the Class A ordinary Shares and the Class B ordinary shares held by Sponsor. The Reporting Person disclaims beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly
Footnote F4
These shares were automatically converted into Class A ordinary shares of Lilium N.V.(Nasdaq symbol "LILM") in connection with the Business Combination that closed on September 14, 2021