INSURANCE ACQUISITION SPONSOR, LLC exercised options at SHIFT TECHNOLOGIES, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 10/14/2020ACC: 0001213900-20-031301
10% Owner
Since Mar 2019
+181.57K
Net shares
Net buyer
$0.00
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
2.06M acquired · 1.88M disposed
Non-Derivative Transactions1
Class A Common Stock
Direct
Shares
+2.06M
Price / share
—
Trade value
—
% of position
548.4%
10/13/2020
375K→2.43M
Total
Net shares
+2.06M
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 10/13/2020 | M · Option Exercise | +2.06M | — | — | 548.4% | 375K | 2.43M |
| Total | +2.06M | $0.00 | ||||||
Derivative Transactions1
Class B Common Stock
Direct
Converts to
Class A Common Stock
2.06M shares
Shares
−1.88M
Strike price
Held after
0.00
Exercisable
—
10/13/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class B Common Stock Direct | Class A Common Stock2.06M shares | 10/13/2020 | M · Option Exercise | −1.88M | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)1
Warrants
DirectUnderlying security
Class A Common Stock
Underlying shares
187.50K
Shares owned
187.50K
Exercise price
11.50
Expiration
—
Exercise window
—
Total
Underlying
187.50K
Owned
187.50K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Warrants Direct | Class A Common Stock | 11.50 | — | — | 187.50K | 187.50K |
| Total | 187.50K | 187.50K | ||||