Form 4 for SPIR Spire Global, Inc.
Accepted 2021-08-17 00:00:00 ET · period of report 2021-08-16 · accession 0001209191-21-052128 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-08-17 | 2021-08-16 | SPIR | PEARLSTEIN JACK | Dir | C - Cnv Deriv | $0.00 | +2.83M | 2.83M | New | $0 |
| D | 2021-08-17 | 2021-08-16 | SPIR | PEARLSTEIN JACK | Dir | A - Grant | $10.00 | +500.0K | 500.0K | New | +$5.00M |
| DM | 2021-08-17 | 2021-08-16 | SPIR | PEARLSTEIN JACK | Dir | J - Other | $0.00 | +6.13M | 3.30M | New | $0 |
| D | 2021-08-17 | 2021-08-16 | SPIR | PEARLSTEIN JACK | Dir | C - Cnv Deriv | $0.00 | -2.83M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-08-16 | C | A | 2,833,750 | $0.00 | 2,833,750 | D | — | — | |
| 2 | Common | Class A Common Stock | 2021-08-16 | A | A | 500,000 | $10.00 | 500,000 | D | — | — | |
| 3 | Derivative | Class B Common Stock | 2021-08-16 | J | A | 2,833,750 | $0.00 | 2,833,750 | D | $0.00 · — to — | 2,833,750 Class A Common Stock | (F2) On August 16, 2021, NavSight Holdings, Inc. consummated its business combination with Spire Global, Inc. (the "Closing"). In connection with the Closing, the issuer changed its legal name to Spire Global, Inc. (the "Issuer") and the shares of Class B common stock held by Jack Pearlstein automatically converted into shares of Class A common stock on a one-for-one basis and have no expiration date. |
| 4 | Derivative | Class B Common Stock | 2021-08-16 | C | D | 2,833,750 | $0.00 | 0 | D | $0.00 · — to — | 2,833,750 Class A Common Stock | (F2) On August 16, 2021, NavSight Holdings, Inc. consummated its business combination with Spire Global, Inc. (the "Closing"). In connection with the Closing, the issuer changed its legal name to Spire Global, Inc. (the "Issuer") and the shares of Class B common stock held by Jack Pearlstein automatically converted into shares of Class A common stock on a one-for-one basis and have no expiration date. |
| 5 | Derivative | Private Placement Warrants | 2021-08-16 | J | A | 3,300,000 | $0.00 | 3,300,000 | D | $11.50 · — to — | 3,300,000 Class A Common Stock | (F4) Represents Private Placement Warrants acquired from the Issuer by Six4 in connection with the Issuer's initial public offering and transferred to Mr. Pearlstein immediately prior to the Closing for no consideration. Each warrant, which was initially transferred at a price of $1.00 per warrant, is exercisable for one share of Class A common stock at an exercise price of $11.50 per share, subject to certain adjustments. The Private Placement Warrants are not redeemable by the Issuer and may not, subject to certain limited exceptions, be exercised until 30 days after the Closing. The Private Placement Warrants will expire upon the fifth anniversary of the Closing, at 5:00pm New York City time, or earlier upon redemption or liquidation. |