Jeffrey W. Ubben - 10 Jun 2021 Form 4 Insider Report for AppHarvest, Inc.

Reporting relationship: Director, 10%+ Owner
Issuer ticker: N/A
Reported as of: 10 Jun 2021
Net transaction value: -$49,500,000
SEC form: 4
Accepted by SEC: 14 Jun 2021, 17:29:32 UTC
Next SEC filing: 09 Aug 2021
Source filing: View source filing
Reporting owner signature: /s/ Jeffrey W. Ubben

Key filing fact

Jeffrey W. Ubben filed Form 4 for AppHarvest, Inc. on 14 Jun 2021.

Key facts

This page summarizes Jeffrey W. Ubben's Form 4 filing for AppHarvest, Inc..
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 14 Jun 2021, 17:29.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$49,500,000.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

APPHQ transaction

Common Stock, par value $0.0001 per share ("Common Stock")

Sale

Transaction value: $49,500,000
Shares: -3,000,000
Change %: -25%
Price: $16.50^*
Shares after: 8,798,704
Date: 10 Jun 2021
Ownership: See footnotes
Footnotes: F1, F2

APPHQ holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,373
Date: 10 Jun 2021
Ownership: Direct
Footnotes: 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

The securities reported herein are held by Inclusive Capital Partners Spring Master Fund, L.P. ("In-Cap Spring Master Fund"). Inclusive Capital Partners, L.P., a Delaware limited partnership, ("In-Cap") acts as investment manager to In-Cap Spring Master Fund. Mr. Jeffrey W. Ubben ("Mr. Ubben", and together with In-Cap, the "Reporting Persons") indirectly controls In-Cap.

Footnote F2

The filing of this statement shall not be deemed an admission that either Reporting Person is the beneficial owner of the securities reported s amended, or otherwise. The Reporting Persons expressly disclaim beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein.

Footnote F3

Represents shares of common stock of the Issuer issuable upon settlement of a restricted stock unit award that vests on the date of the next annual meeting of the Issuer's stockholders (the "Annual Meeting") following the grant date (or the date immediately preceding the date of the Annual Meeting if the recipient's service as a director ends at such Annual Meeting as a result of the director's failure to be re-elected or the director not standing for re-election). The restricted stock unit was awarded to Mr. Ubben. Mr. Ubben is deemed to hold the award for the benefit of In-Cap Spring Master Fund and In-Cap.