Key facts
- This page summarizes TCP SA, LLC's Form 4 filing for TB SA Acquisition Corp.
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 12 May 2021, 16:06.
TCP SA, LLC - 07 May 2021 Form 4 Insider Report for TB SA Acquisition Corp
- Reporting relationship
- Sponsor
- Issuer ticker
- N/A
- Reported as of
- 07 May 2021
- Net transaction value
- $0
- Reporting owner signature
- /s/ Glenn Miller, as Authorized Signatory
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
TCP SA, LLC filed Form 4 for TB SA Acquisition Corp on 12 May 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 derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
TBSA
transaction
Derivative
Class B ordinary shares
Other
- Transaction value
- Shares
- -750,000
- Change %
- -14%
- Price
- Shares after
- 4,805,000
- Date
- 07 May 2021
- Ownership
- Direct
- Underlying class
- Class A ordinary shares
- Underlying amount
- 750,000
- 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
This Form 4 reflects the automatic surrender to TB SA Acquisition Corp (the "issuer") of 750,000 shares of the issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration by the reporting person pursuant to contractual arrangements with the issuer, triggered by the election by the underwriter of the issuer's initial public offering not to exercise its option to purchase additional units.
Footnote F2
As described in the issuer's registration statement on Form S-1 (File No. 333-253086) under the heading "Description of Securities-Founder Shares," the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, 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 will have certain anti-dilution rights and have no expiration date.
Footnote F3
TCP SA GP, Ltd is the general partner of the reporting person, and as such has voting and investment discretion with respect to the securities held by the reporting person and may be deemed to have beneficial ownership of the securities held directly by the reporting person. The sole member of TCP SA GP, Ltd is TowerBrook Investors, Ltd. Neal Moszkowski and Ramez Sousou hold 100% of the voting securities of TowerBrook Investors, Ltd.