Key facts
- This page summarizes Terrence M. Pegula's Form 4 filing for Abacus Life, Inc. (ABL).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 17 Oct 2023, 17:00.
Terrence M. Pegula - 13 Oct 2023 Form 4 Insider Report for Abacus Life, Inc. (ABL)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- ABL
- Reported as of
- 13 Oct 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 17 Oct 2023, 17:00:08 UTC
- Prior SEC filing
- 10 Jul 2023
- Source filing
- View source filing
- Reporting owner signature
- Terrence M. Pegula /s/ Terrence M. Pegula
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Terrence M. Pegula filed Form 4 for Abacus Life, Inc. (ABL) on 17 Oct 2023.
Change
- Previous filing in this sequence was filed on 10 Jul 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
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.
ABL
transaction
Common Stock
Other
- Transaction value
- Shares
- +2,802,000
- Change %
- +33%
- Price
- Shares after
- 11,417,000
- Date
- 13 Oct 2023
- Ownership
- See footnotes
- 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
On June 30, 2023, pursuant to that certain Agreement and Plan of Merger, dated as of August 30, 2022 (as amended, the "Merger Agreement"), by and among Abacus Life, Inc. (the "Issuer"), LMA Merger Sub, LLC, Abacus Merger Sub, LLC, Longevity Market Assets, LLC and Abacus Settlements, LLC, the Issuer completed its initial business combination. On October 13, 2023, each of Jay Jackson, Todd Sean McNealy, Kevin Scott Kirby and Matthew A. Ganovsky (each a "Transferor" and together, the "Transferors") and East Sponsor, LLC ("East Sponsor"), to achieve their intended allocation of shares under the Merger Agreement, entered into a Transfer Agreement under which each of the Transferors agreed to and did convey to East Sponsor, and East Sponsor accepted from each Transferor, free and clear of all encumbrances, 700,500 of their respective shares of Issuer's Common Stock.
Footnote F2
East Sponsor is the record holder of these securities. East Asset Management, LLC ("East Asset Management") is the managing member of East Sponsor. As a result, East Asset Management may be deemed to share beneficial ownership of the securities held by East Sponsor.
Footnote F3
Trusts controlled by Terrence M. Pegula are the sole members of East Asset Management. As such, Mr. Pegula may be deemed to share beneficial ownership of the securities held by East Sponsor. Mr. Pegula disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein.