Andrew Scharf - 12 May 2021 Form 4 Insider Report for AF Acquisition Corp.

Reporting relationship: President, Director, 10%+ Owner
Issuer ticker: N/A
Reported as of: 12 May 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 May 2021, 21:37:13 UTC
Source filing: View source filing
Reporting owner signature: /s/ Andrew Scharf

Key filing fact

Andrew Scharf filed Form 4 for AF Acquisition Corp. on 13 May 2021.

Key facts

This page summarizes Andrew Scharf's Form 4 filing for AF Acquisition Corp..
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 13 May 2021, 21:37.

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

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.

AFAQ transaction Derivative

Class B Ordinary Shares

Other

Transaction value: $0
Shares: -150,000
Change %: -2.6%
Price: $0.000000
Shares after: 5,600,000
Date: 12 May 2021
Ownership: See footnote
Underlying class: Class A Ordinary Shares
Underlying amount: 150,000
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

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. The Class B ordinary shares have no expiration date.

Footnote F2

As contemplated in connection with the initial public offering of the Issuer, 150,000 Class B ordinary shares of the Issuer were returned by the reporting person to the Issuer for no consideration and cancelled because the underwriters' over-allotment option was not fully exercised in full.

Footnote F3

AF Sponsor LLC ("Sponsor") is the record holder of the securities reported herein. Andrew Scharf is one of two managing members of the Sponsor and may be deemed to have beneficial ownership of the securities held of record by Sponsor. Mr. Scharf disclaims any such beneficial ownership except to the extent of her pecuniary interest therein.