Key facts
- This page summarizes Helio L. Magalhaes's Form 4 filing for Valor Latitude Acquisition Corp..
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 18 Mar 2022, 17:03.
Helio L. Magalhaes - 16 Mar 2022 Form 4 Insider Report for Valor Latitude Acquisition Corp.
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- N/A
- Reported as of
- 16 Mar 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 18 Mar 2022, 17:03:29 UTC
- Prior SEC filing
- 07 Oct 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Helio L. Magalhaes
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Helio L. Magalhaes filed Form 4 for Valor Latitude Acquisition Corp. on 18 Mar 2022.
Change
- Previous filing in this sequence was filed on 07 Oct 2021.
- 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 derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
VLAT
transaction
Derivative
Class B ordinary shares
Other
- Transaction value
- Shares
- +93,750
- Change %
- +188%
- Price
- Shares after
- 143,750
- Date
- 16 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A ordinary shares
- Underlying amount
- 93,750
- 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
The Reporting Person was assigned 93,750 Class B ordinary shares of the Issuer ("Class B Shares") in connection with his new role as the Issuer's Chief Executive Officer. The Class B Shares will automatically convert into Class A ordinary shares of the Issuer ("Class A Shares") at a ratio of no less than one-to-one on the first business day following the consummation of the Issuer's initial business combination, with the actual conversion rate as described in the section entitled "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-254159) filed with the Securities and Exchange Commission on April 19, 2021. The Class B Shares have no expiration date.
Footnote F2
As contemplated by the securities assignment agreement between Valor Latitude LLC (the "Sponsor") and Mr. Magalhaes, dated March 2022, the Sponsor assigned 93,750 Class B ordinary shares to Mr. Magalhaes in connection with Mr. Magalhaes's appointment as the Issuer's Chief Executive Officer.