Key facts
- This page summarizes David Gladstone's Form 4 filing for Global System Dynamics, Inc..
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 12 Oct 2022, 20:12.
David Gladstone - 12 Oct 2022 Form 4 Insider Report for Global System Dynamics, Inc.
- Reporting relationship
- CEO, President and CIO, Director, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 12 Oct 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 12 Oct 2022, 20:12:51 UTC
- Prior SEC filing
- 21 Sep 2021
- Next SEC filing
- 07 Nov 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ David Gladstone
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
David Gladstone filed Form 4 for Global System Dynamics, Inc. on 12 Oct 2022.
Change
- Previous filing in this sequence was filed on 21 Sep 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.
GSD
transaction
Derivative
Class B common stock
Sale
- Transaction value
- Shares
- -2,623,120
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 12 Oct 2022
- Ownership
- By Gladstone Sponsor, LLC
- Underlying class
- Class A common stock
- Underlying amount
- 2,623,120
- 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
Section 16 status
David Gladstone is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
As described in the issuer's registration statement on Form S-1 (File No. 333-252916) under the heading "Description of Securities", the Class B common stock, par value $0.0001 per share, will automatically convert into Class A common stock, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
Footnote F2
The reportable securities were sold in connection with a sale by the Gladstone Sponsor, LLC (the "Sponsor") of all its interests in the Issuer, including certain other rights and obligations in accordance with a purchase agreement. dated as of October 12, 2022, entered into by and among, Reporting Person, the Issuer and other certain securityholders for an aggregate purchase price of $1,500,000 (the "Purchase Agreement"). The Purchase Agreement did not allocate the consideration paid for the respective interests.
Footnote F3
The securities reported herein are held by the Sponsor. The Reporting Person controls the Sponsor, and as such has voting and investment discretion with respect to the securities held by the Sponsor and may be deemed to have beneficial ownership of the securities held directly by the Sponsor. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.