Gary Kalk - 17 Mar 2022 Form 4 Insider Report for Fortress Capital Acquisition Corp

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 17 Mar 2022
Net transaction value: +$7,500,000
SEC form: 4
Accepted by SEC: 21 Mar 2022, 17:00:36 UTC
Prior SEC filing: 24 Jan 2022
Next SEC filing: 26 Feb 2025
Source filing: View source filing
Reporting owner signature: /s/ Gary Kalk

Key filing fact

Gary Kalk filed Form 4 for Fortress Capital Acquisition Corp on 21 Mar 2022.

Key facts

This page summarizes Gary Kalk's Form 4 filing for Fortress Capital Acquisition Corp.
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 21 Mar 2022, 17:00.

Change

Previous filing in this sequence was filed on 24 Jan 2022.
Current net transaction value: +$7,500,000.

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.

FCAX transaction Derivative

Class B ordinary shares, par value $0.0001 per share

Purchase

Transaction value: $7,500,000
Shares: +25,000
Change %
Price: $300.00^*
Shares after: 25,000
Date: 17 Mar 2022
Ownership: Direct
Underlying class: Class A ordinary shares, par value $0.0001 per share
Underlying amount: 25,000
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

Explanation of responses 2 footnotes

Footnote F1

Pursuant to the Issuer's amended and restated memorandum and articles of association, the Class B ordinary shares have no expiration date and 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 adjustment pursuant to certain anti-dilution rights.

Footnote F2

The reporting person purchased 25,000 Class B ordinary shares for the aggregate consideration of $300.00.

SEC remarks

See Exhibit 24.1 - Power of Attorney