Key facts
- This page summarizes Brendan Wallace's Form 4 filing for Mobile Infrastructure Corp (BEEP).
- 4 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 25 Aug 2023, 18:24.
Brendan Wallace - 25 Aug 2023 Form 4 Insider Report for Mobile Infrastructure Corp (BEEP)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- BEEP
- Reported as of
- 25 Aug 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 25 Aug 2023, 18:24:50 UTC
- Prior SEC filing
- 24 Aug 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Brendan Wallace
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Brendan Wallace filed Form 4 for Mobile Infrastructure Corp (BEEP) on 25 Aug 2023.
Change
- Previous filing in this sequence was filed on 24 Aug 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 non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BEEP
transaction
Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +6,655,000
- Change %
- +734%
- Price
- $0.000000
- Shares after
- 7,562,000
- Date
- 25 Aug 2023
- Ownership
- By Fifth Wall Acquisition Sponsor III LLC
- Footnotes
- F1, F2
BEEP
transaction
Common Stock
Other
- Transaction value
- Shares
- -4,755,000
- Change %
- -63%
- Price
- Shares after
- 2,807,000
- Date
- 25 Aug 2023
- Ownership
- By Fifth Wall Acquisition Sponsor III LLC
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BEEP
transaction
Derivative
Class B Ordinary Shares
Other
- Transaction value
- $0
- Shares
- -100,000
- Change %
- -1.5%
- Price
- $0.000000
- Shares after
- 6,655,000
- Date
- 25 Aug 2023
- Ownership
- Direct
- Underlying class
- Class A Ordinary Shares
- Underlying amount
- 100,000
- Exercise price
- Footnotes
- F1, F4
BEEP
transaction
Derivative
Class B Ordinary Shares
Conversion of derivative security
- Transaction value
- $0
- Shares
- -6,655,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 25 Aug 2023
- Ownership
- Direct
- Underlying class
- Class A Ordinary Shares
- Underlying amount
- 6,655,000
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Issuer's Class B Ordinary Shares are automatically convertible into shares of the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination or earlier at the option of the holders thereof, in either case on a one-for-one basis, subject to certain adjustments, and had no expiration date. The Issuer consummated its initial business combination on August 25, 2023, whereby, among other things, the Issuer's Class B Ordinary Shares converted into Class A Ordinary Shares which were redesignated as Common Stock.
Footnote F2
Fifth Wall Acquisition Sponsor III LLC ("Sponsor"), is the record holder of the shares reported herein. Sponsor is governed by two managers, Messr. Andriy Mykhaylovskyy and Brendan Wallace, each with shared voting and investment power over the shares held by Sponsor. Each of Messr. Andriy Mykhaylovskyy and Brendan Wallace disclaim beneficial ownership of the shares held by Sponsor except to the extent of their pecuniary interest therein.c
Footnote F3
Pursuant to that certain Second Amended and Restated Sponsor Agreement, dated June 15, 2023, by and among Issuer, Sponsor, and certain other parties thereto, Sponsor forfeited 4,755,000 shares of Common Stock to the Issuer for no consideration immediately following the conversion of Issuer's Class B Ordinary Shares in connection with the initial business combination.
Footnote F4
Pursuant to that certain Sponsor Letter Agreement, dated August 25, 2023, by and among Issuer, Sponsor and Mobile Infrastructure Corporation, Sponsor forfeited 100,000 Class B Ordinary Shares to the Issuer for no consideration immediately prior to the consummation of the initial business combination.