Form 4 for SHFS SHF Holdings, Inc.
Accepted 2022-09-30 00:00:00 ET · period of report 2022-09-28 · accession 0001868212-22-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-09-30 | 2022-09-28 | SHFS | Darwin John | Dir | C - Cnv Deriv | — | +2.83M | 3.36M | +537% | — |
| DI | 2022-09-30 | 2022-09-28 | SHFS | Darwin John | Dir | C - Cnv Deriv | — | -2.83M | 0 | -100% | — |
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 | 2022-09-28 | C | A | 2,835,000 | — | 3,363,175 | I Indirect | — | — | (F1) As described in the Issuer's registration statement on Form S-1 (File No. 333-256701), under the heading "Description of Securities," the 2,835,000 shares of the Issuer's Class B Common Stock held by the Reporting Person converted into shares of the Issuer's Class A Common Stock on a one-for-one basis upon consummation of the Issuer's initial business combination. (F2) The securities are held directly by 5AK, LLC, the sponsor of the Issuer (the "Sponsor"). The reporting person is a control person of the manager of the Sponsor, Luminous Capital Inc., and may be deemed to beneficially own shares held by the Sponsor by virtue of his control over the Sponsor. The reporting person disclaims beneficial ownership of the shares of the Issuer's Class A Common Stock held by the Sponsor, except to the extent of his pecuniary interest. |
| 2 | Derivative | Class B common stock | 2022-09-28 | C | D | 2,835,000 | — | 0 | I Indirect | — · — to — | 2,835,000 Class A common stock | (F1) As described in the Issuer's registration statement on Form S-1 (File No. 333-256701), under the heading "Description of Securities," the 2,835,000 shares of the Issuer's Class B Common Stock held by the Reporting Person converted into shares of the Issuer's Class A Common Stock on a one-for-one basis upon consummation of the Issuer's initial business combination. (F2) The securities are held directly by 5AK, LLC, the sponsor of the Issuer (the "Sponsor"). The reporting person is a control person of the manager of the Sponsor, Luminous Capital Inc., and may be deemed to beneficially own shares held by the Sponsor by virtue of his control over the Sponsor. The reporting person disclaims beneficial ownership of the shares of the Issuer's Class A Common Stock held by the Sponsor, except to the extent of his pecuniary interest. |