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PVT.U Pivotal Acquisition Corp

10.48
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
Pivotal Acquisition Corp NYSE:PVT.U NYSE Trust
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 10.48 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

23/12/2019 9:17pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Morgan Evan B
2. Issuer Name and Ticker or Trading Symbol

Pivotal Acquisition Corp [ KLD ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

C/O KLDISCOVERY, 8201 GREENSBORO DR., SUITE 300
3. Date of Earliest Transaction (MM/DD/YYYY)

12/19/2019
(Street)

MCLEAN, VA 22102
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/19/2019  A  37836 (1)A (1)37836 I See footnote (2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Contingent Shares  (3)12/19/2019  A   2392     (3) (3)Common Stock 2392  (3)2392 I See footnote (4)

Explanation of Responses:
(1) Pursuant to the consummation of the business combination of Pivotal Acquisition Corp. ("Pivotal") and LD Topco, Inc. (the "Company"), each share of the Company common stock was automatically converted into the right to receive a pro rata portion of Pivotal's Class A common stock (the "Common Stock").
(2) Includes (i) 4,984 shares held by Conifer Partners and (ii) 32,852 shares held by Radcliff Principal Holdings LLC, in each case, over which Mr. Morgan has voting and dispositive control.
(3) Represents shares that may be issued to the Reporting Person if the closing sale price of Common Stock equals or exceeds $13.50 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations or other similar actions) for any consecutive 20 trading days during the five year period following the consummation of the business combination.
(4) Includes (i) 315 shares held by Conifer Partners and (ii) 2,077 shares held by Radcliff Principal Holdings LLC, in each case, over which Mr. Morgan has voting and dispositive control.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Morgan Evan B
C/O KLDISCOVERY
8201 GREENSBORO DR., SUITE 300
MCLEAN, VA 22102
X



Signatures
By: /s/ Evan B. Morgan12/23/2019
**Signature of Reporting PersonDate

1 Year Pivotal Acquisition Chart

1 Year Pivotal Acquisition Chart

1 Month Pivotal Acquisition Chart

1 Month Pivotal Acquisition Chart