ALWA SPONSOR LLC - 01 Jun 2023 Form 4 Insider Report for Four Leaf Acquisition Corp (FORL)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
02 Jun 2023, 15:59:02 UTC
Prior SEC filing
27 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David R. Brown, Attorney-in-Fact for ALWA Sponsor LLC

Key filing fact

ALWA SPONSOR LLC filed Form 4 for Four Leaf Acquisition Corp (FORL) on 02 Jun 2023.

Key facts

  • This page summarizes ALWA SPONSOR LLC's Form 4 filing for Four Leaf Acquisition Corp (FORL).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 02 Jun 2023, 15:59.

Change

  • Previous filing in this sequence was filed on 27 Mar 2023.
  • 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.

FORL transaction Derivative

Class B Common Stock

Disposed to Issuer

Transaction value
$0
Shares
-139,750
Change %
-9.3%
Price
$0.000000
Shares after
1,355,250
Date
01 Jun 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
139,750
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

As described in the issuer's registration statement on Form S-1 (File No. 333-267399) under the heading "Description of Securities," the shares of Class B common stock of the issuer will automatically convert into shares of Class A common stock of the issuer at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein, and have no expiration date.

Footnote F2

On June 1 2023, the Reporting Person forfeited 139,750 shares of Class B Common Stock to the Issuer for no consideration, which was exempted pursuant to Rule 16b-3(e) under the Securities Exchange Act of 1934, as amended, in connection with the expiration of the underwriters' over-allotment option on April 30, 2023. The forfeiture was not within the Sponsor's control as it occurred as a result of the underwriters' decision not to exercise the remaining portion of the overallotment option and occurred shortly after the expiration of the over-allotment exercise period.

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