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Filing Details

Accession Number:: 0001213900-20-045640
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-12-31 12:27:42
Reporting Period:: 2020-12-29

Accepted Time:: 2020-12-31 12:27:42
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1779020	Danimer Scientific Inc.	DNMR	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1709974	Jr Kent Gary Wunderlich	4921 William Arnold Road Memphis TN 38117		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2020-12-29	4,905,000	$10.00	4,905,000	No	4	P	Indirect	See Footnote
Class A Common Stock	Acquisiton	2020-12-29	5,000,000	$0.00	5,000,000	No	4	C	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnote
No	4	C	Indirect	See Footnote

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Disposition	2020-12-29	5,000,000	$0.00	5,000,000	$0.00
Class A Common Stock	Private Placement Warrants	Disposition	2020-12-29	3,000,000	$0.01	3,000,000	$11.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	C	Indirect
3,000,000	2020-05-08	2025-12-29	No	4	S	Indirect

Footnotes

As described in the issuer's registration statement on Form S-4 (File No. 333-249691) (the "Registration Statement") under the headings "Certain Live Oak Relationships and Related Party Transactions--Investment Private Placement" and "Security Ownership of Certain Beneficial Owners and Management," Live Oak ValFund Plastics Fund LLC ("ValFund") purchased 4,905,000 shares of Class A Common Stock of the issuer in a private placement. Live Oak Merchant Partners, LLC, a Delaware limited liability company ("Live Oak Merchant Partners"), is one of the Managers of ValFund and may be deemed to have shared voting control and investment discretion over securities held by ValFund. Mr. Wunderlich is a controlling person of Live Oak Merchant Partners. Therefore, Mr. Wunderlich may also be deemed to have shared voting control and investment discretion over securities owned by ValFund and Live Oak Merchant Partners. Mr. Wunderlich disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
As described in the Registration Statement, Live Oak Sponsor Partners, LLC (the "Sponsor") acquired 5,000,000 shares of Class A Common Stock upon conversion, on a one-for-one basis, of shares of Class B Common Stock of the issuer upon completion of the issuer's initial business combination on December 29, 2020. Mr. Wunderlich is a managing member of the Sponsor and as such, has voting and investment discretion with respect to the Class A Common Stock held of record by the Sponsor and may be deemed to have beneficial ownership of such Class A Common Stock. Mr. Wunderlich disclaims any beneficial ownership of such shares of Class A Common Stock other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
As described in the Registration Statement, the Sponsor privately sold an aggregate of 3,000,000 private placement warrants. Mr. Wunderlich is a managing member of the Sponsor and as such, has voting and investment discretion with respect to the warrants held of record by the Sponsor and may be deemed to have beneficial ownership of such warrants. Mr. Wunderlich disclaims any beneficial ownership of such shares of Class A Common Stock other than to the extent of any pecuniary interest he may have therein, directly or indirectly.