Cantor Fitzgerald, L. P.'s Form 4 filing
AEye, Inc. (LIDR) · filed Aug 18, 2021
- Accession no.
- 0001213900-21-043590
- Filed
- Aug 18, 2021, 1:26 PM ET
- Trade date
- Aug 16, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market purchases total $5.00M. It was filed 2 days after the trade.
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 |
|---|---|
| Cantor Fitzgerald, L. P.CIK 0001024896 | Other: Former 10% holder |
| Lutnick Howard WCIK 0001250975 | Other: Former 10% holder, CEO & Dir. |
| CF Group Management IncCIK 0001251145 | Other: Former 10% holder |
| CF Finance Holdings III, LLCCIK 0001830088 | Other: Former 10% holder |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 16, 2021 | Class A common stock | MOption exerciseAcquired | +5,710,000 | $0.00F1 | $0 | 6,210,000 | Direct | |
| Aug 16, 2021 | Class A common stock | PPurchaseAcquired | +500,000 | $10.00F2 | +$5,000,000 | 6,710,000 | Direct | |
| Aug 16, 2021 | Class A common stock | JOtherDisposed | −2,284,000 | $0.00F4 | $0 | 4,426,000 | Direct |
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 |
|---|---|---|---|---|---|---|---|---|
| Aug 16, 2021 | Class A Common Stock | MOption exerciseDisposed | −5,710,000 | $0.00 | $0 | 0 | Direct | |
| Aug 16, 2021 | Class A Common Stock | AGrant or awardAcquired | +166,666 | –F5 | – | 166,666 | 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.
- F1
As described in the issuer's registration statement on Form S-1 (File No. 333-249367) under the heading "Description of Securities--Founder Shares", upon consummation of the issuer's initial business combination and waiver of the anti-dilution rights in connection with the conversion, the shares of Class B common stock converted into shares of Class A common stock on a one-for-one basis.
Referenced by the price of 1 transaction in Table I.
- F2
Pursuant to that certain Subscription Agreement, dated February 17, 2021, by and between the issuer and CF Finance Holdings III, LLC ("CF Finance Holdings III"), CF Finance Holdings III purchased an aggregate of 500,000 shares of Class A common stock of the issuer on August 16, 2021 in a private placement in connection with the issuer's initial business combination with AEye, Inc.
Referenced by the price of 1 transaction in Table I.
- F4
CF Finance Holdings III transferred an aggregate of 2,284,000 shares of Class A common stock of the issuer to a third party immediately after the closing of the issuer's initial business combination.
Referenced by the price of 1 transaction in Table I.
- F5
These warrants represent warrants issued to CF Finance Holdings III upon separation of the private units previously purchased by CF Finance Holdings III from the issuer in November 2020. CF Finance Holdings III acquired the private units for a purchase price of $10.00 per unit in a private placement that consummated in connection with the issuer's initial public offering. The warrants become eligible for exercise on November 17, 2021, which is one year from the closing of the issuer's initial public offering.
Referenced by the price of 1 transaction in Table II.