Skip to main content

Jupiter Founders LLC's Form 4 filing

Jupiter Acquisition Corp (JAQC) · filed Aug 26, 2021

Accession no.
0001213900-21-045125
Filed
Aug 26, 2021
Trade date
Aug 25, 2021
Filing delay
1 day
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 1 non-derivative transaction and 1 derivative transaction. It was filed 1 day 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.

Reporting owners on this filing
OwnerRelationship to the company
Jupiter Founders LLCCIK 000181816410% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 25, 2021Class A common stockPPurchaseAcquired+7,375–F1–432,575Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Aug 25, 2021Class A common stockJOtherDisposed−324,658–F4–2,778,841Direct

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

In connection with the underwriters' election to partially exercise the over-allotment option granted in connection with the Issuer's initial public offering, Jupiter Founders LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 7,375 additional units (the "Additional Private Placement Units") in a private placement for an aggregate purchase price of $73,750. Each Additional Private Placement Unit consists of one share of Class A common stock and one-half of one warrant. The reported shares are the 7,375 shares of Class A common stock included in such Additional Private Placement Units. The warrants included in the Additional Private Placement Units will become exercisable, if at all, on the later of 30 days after the completion of the Issuer's initial business combination (the "Business Combination") and August 17, 2022, and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.

Referenced by the price of 1 transaction in Table I.

F4

324,658 shares of Class B common stock were forfeited by the Sponsor to the Issuer at no cost in connection with the underwriters' forfeiture of the remaining portion of their over-allotment option, as described in the Registration Statement.

Referenced by the price of 1 transaction in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)