Dana Roffman - 29 Sep 2023 Form 4 Insider Report for SILVERspac Inc. (SLVR)

Reporting relationship: Director
Issuer ticker: SLVR
Reported as of: 29 Sep 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 03 Oct 2023, 16:54:34 UTC
Prior SEC filing: 09 Sep 2021
Source filing: View source filing
Reporting owner signature: /s/ Charles Federman as attorney-in-fact for Dana Roffman

Key filing fact

Dana Roffman filed Form 4 for SILVERspac Inc. (SLVR) on 03 Oct 2023.

Key facts

This page summarizes Dana Roffman's Form 4 filing for SILVERspac Inc. (SLVR).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 03 Oct 2023, 16:54.

Change

Previous filing in this sequence was filed on 09 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

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.

SLVR transaction Derivative

Class B Ordinary Shares

Disposed to Issuer

Transaction value
Shares: -25,000
Change %: -100%
Price
Shares after: 0
Date: 29 Sep 2023
Ownership: Direct
Underlying class: Class A Ordinary Shares
Underlying amount: 25,000
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

Section 16 status

Dana Roffman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

As described in the Issuer's registration statement on Form S-1 (File No. 333-253161) (the "Registration Statement"), the Issuer's Class B ordinary shares, par value $0.0001 per share ("Class B Ordinary Shares"), were convertible into Class A ordinary shares, par value $0.0001 per share ("Class A Ordinary Shares"), on a one-for-one basis automatically at the time of the Issuer's initial business combination or earlier, at the option of the Reporting Person, and had no expiration date.

Footnote F2

On September 14, 2023, the Issuer announced that it would not consummate an initial business combination by the September 14, 2023 deadline under its Amended and Restated Memorandum and Articles of Association. On September 29, 2023, in connection with the liquidation and dissolution of the Issuer, the Reporting Person surrendered 25,000 Class B Ordinary Shares for no consideration.

SEC remarks

After giving effect to the Issuer's delisting and deregistration, the Reporting Person will no longer be subject to Section 16 reporting obligations.