Willie Gregory - 10 Aug 2021 Form 4 Insider Report for Riverview Acquisition Corp. (RVAC)

Role
Director
Signature
/s/ William V. Thompson III, Attorney-in-Fact
Issuer symbol
RVAC
Transactions as of
10 Aug 2021
Transactions value $
$100
Form type
4
Filing time
11 Aug 2021, 21:37:19 UTC
Previous filing
05 Aug 2021
Next filing
29 Aug 2022

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 RVAC Class B Common Stock Other $100 +25K $0.00* 25K 10 Aug 2021 Class A Common Stock 25K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class B common stock are automatically convertible into the shares of the Issuer's Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The shares of Class B common stock are subject to forfeiture under certain circumstances relating to Mr. Gregory's service on the Issuer's Board of Directors.
F2 As contemplated by the securities purchase agreement between Riverview Sponsor Partners, LLC (the "Sponsor") and Mr. Gregory, dated August 6, 2021, the Sponsor assigned 25,000 shares of Class B common stock to Mr. Gregory in connection with Mr. Gregory's appointment to the Issuer's Board of Directors.