Adam Dooley - 29 Nov 2021 Form 4 Insider Report for Everest Consolidator Acquisition Corp (MNTN)

Role
CEO, Pres, Sec & Treas, Director, 10%+ Owner
Signature
/s/ Adam Dooley
Issuer symbol
MNTN
Transactions as of
29 Nov 2021
Transactions value $
$9,500,000
Form type
4
Filing time
29 Nov 2021, 16:39:03
Previous filing
23 Nov 2021
Next filing
11 Aug 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MNTN Warrants Purchase $9.5M +6.33M $1.50* 6.33M 29 Nov 2021 Class A Common Stock 6.33M $11.50 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The warrants will become exercisable commencing on the later of 12 months from the closing of the Issuer's initial public offering or 30 days after the completion of the Issuer's initial business combination, and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.
F2 Everest Consolidator Sponsor, LLC ("Sponsor") is the record holder of the shares reported herein. The Sponsor is controlled by Belay Associates, LLC. Adam Dooley is the manager of Belay Associates, LLC. As such, the Reporting Person may be deemed to have beneficial ownership over the warrants held directly by the Sponsor.