Filing Details
- Accession Number:
- 0001213900-19-014021
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-07-30 16:54:01
- Reporting Period:
- 2019-07-30
- Accepted Time:
- 2019-07-30 16:54:01
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1777393 | Switchback Energy Acquisition Corp | SBE.U | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1596862 | K. Scott Mcneill | 5949 Sherry Lane, Suite 1010 Dallas TX 75225 | Ceo & Cfo | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2019-07-30 | 103,000 | $10.00 | 103,000 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Warrants | Acquisiton | 2019-07-30 | 34,333 | $10.00 | 34,333 | $0.00 |
Class A Common Stock | Private Placement Warrants | Acquisiton | 2019-07-30 | 5,333,333 | $1.50 | 5,333,333 | $11.50 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
34,333 | No | 4 | P | Direct | ||
5,333,333 | No | 4 | P | Indirect |
Footnotes
- Includes securities underlying 103,000 units of the Issuer purchased for $10.00 per unit. Each unit consists of one share of the Issuer's Class A common stock and one-third of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one share of the Issuer's Class A common stock at an exercise price of $11.50 per share. The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination and 12 months from the closing of the Issuer's initial public offering. The warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described in the prospectus for the Issuer's initial public offering.
- The Reporting Person purchased the securities directly from the underwriters in connection with the Issuer's initial public offering.
- The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination and 12 months from the closing of the Issuer's initial public offering.
- The warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described in the prospectus for the Issuer's initial public offering.
- NGP Switchback, LLC is the record holder of the private placement warrants reported herein. Mr. McNeill is a manager and the Chief Executive Officer and Chief Financial Officer of NGP Switchback, LLC. As such, Mr. McNeill may be deemed to have or share beneficial ownership of the private placement warrants held directly by NGP Switchback, LLC.