Enrich Jose Miguel's Form 4 filing
Rubicon Technologies, Inc. (RBTC) · filed Aug 28, 2023
- Accession no.
- 0001387131-23-010522
- Filed
- Aug 28, 2023, 9:57 PM ET
- Trade date
- Aug 8-24, 2023
- Filing delay
- 20 daysLate
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 8 derivative transactions. It was filed 20 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 |
|---|---|
| Enrich Jose MiguelCIK 0001878117 | 10% Owner |
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 24, 2023 | Class A common stock | CConversionAcquired | +644,435 | $1.50F1 | +$966,652.5 | 2,766,508 | Indirect | |
| Aug 24, 2023 | Class A common stock | CConversionAcquired | +644,435 | $1.50F1 | +$966,652.5 | 3,426,931 | Indirect | |
| Aug 24, 2023 | Class A common stock | CConversionAcquired | +644,435 | $1.50F1 | +$966,652.5 | 2,153,203 | Indirect | |
| Aug 24, 2023 | Class A common stock | CConversionAcquired | +4,930,493 | $1.50F1 | +$7,395,739.5 | 43,040,572 | Indirect |
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 8, 2023 | Class A common Stock | PPurchaseAcquired | +233,333 | $385,000.00 | – | – | Indirect | Price outlier |
| Aug 8, 2023 | Class A common Stock | PPurchaseAcquired | +233,333 | $385,000.00 | – | – | Indirect | Price outlier |
| Aug 8, 2023 | Class A common Stock | PPurchaseAcquired | +233,333 | $385,000.00 | – | – | Indirect | Price outlier |
| Aug 8, 2023 | Class A common Stock | PPurchaseAcquired | +1,785,205 | $2,945,588.80 | – | – | Indirect | Price outlier |
| Aug 24, 2023 | Class A common Stock | CConversionDisposed | −644,435 | $0.00 | – | 0 | Indirect | |
| Aug 24, 2023 | Class A common Stock | CConversionDisposed | −644,435 | $0.00 | – | 0 | Indirect | |
| Aug 24, 2023 | Class A common Stock | CConversionDisposed | −644,435 | $0.00 | – | 0 | Indirect | |
| Aug 24, 2023 | Class A common Stock | CConversionDisposed | −4,930,493 | $0.00 | – | 0 | Indirect |
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
The 4% Convertible Debentures due 2026 ("Convertible Notes") are convertible into Rubicon Technologies, Inc. ("Issuer") Class A common stock ("Common Stock") at the option of the reporting persons at the lower of (i) $1.50 or (ii) 90% of the lowest daily VWAP during the seven consecutive Trading Days immediately preceding the Conversion Date, but in no event lower than $0.25 per share. On August 8, 2023 the reporting persons converted the Convertible Notes into 6,863,798 shares of the Issuer's Common Stock.
Referenced by the price of 4 transactions in Table I.