Gross Mark's Form 4 filing
Kernel Group Holdings, Inc. (KRNL) · filed Jan 3, 2023
- Accession no.
- 0001140361-23-000277
- Filed
- Jan 3, 2023, 9:25 PM ET
- Trade date
- Dec 28, 2022
- Filing delay
- 6 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 1 derivative transaction. It was filed 6 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Gross MarkCIK 0001665838 | Director, Officer (Chief Executive Officer), 10% Owner |
| Kernel Capital Holdings, LLCCIK 0001830397 | Director, 10% Owner |
| Northart BrettCIK 0001840855 | Director, Officer (Chief Operating Officer), 10% Owner |
| Tondon RakeshCIK 0001841455 | Director, Officer (Chief Financial Officer), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
This filing has no transactions of this kind.
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 28, 2022 | Class A ordinary shares | SSaleDisposed | −7,493,750 | –F2 | – | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
In exchange for the reported securities, the Reporting Persons received the "Purchase Price" and additional consideration (contingent upon closing of the issuer's initial business combination) as defined and set forth in the Form 8-K filed by the issuer with respect to the transactions reported herein. In connection with the reported transactions, each of Brett Northart, Mark Gross and Rakesh Tondon resigned from the issuer's board of directors and from their respective officer positions and, accordingly, cease to be reporting persons for purposes of Section 16.
Referenced by the price of 1 transaction in Table II.