Luis A. Ubinas - 28 Mar 2022 Form 4 Insider Report for FirstMark Horizon Acquisition Corp. (FMAC)

Role
Director
Signature
/s/ Amish Jani, as attorney-in-fact for Luis Ubinas
Issuer symbol
FMAC
Transactions as of
28 Mar 2022
Transactions value $
$0
Form type
4
Filing time
28 Mar 2022, 17:35:11 UTC
Previous filing
25 Feb 2022
Next filing
02 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FMAC Class A common stock Options Exercise +24,164 24,164 28 Mar 2022 Direct F1
transaction FMAC Class A common stock Disposed to Issuer -24,164 -100% 0 28 Mar 2022 Direct F2

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 FMAC Class B common stock Options Exercise -30,000 -100% 0 28 Mar 2022 Class A common stock 30,000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Luis A. Ubinas is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the issuer's business combination with Starry Group Holdings, Inc. (the "Business Combination"), all 30,000 shares of Class B common stock, par value $0.0001 per share ("Class B Share"), of the issuer held by the reporting person were exchanged and converted into the number of shares of Class A common stock, par value $0.0001 per share ("Class A Share"), of the issuer equal to 30,000 divided by 1.2415 (the "Exchange Ratio").
F2 In connection with the Business Combination, all 24,164 Class A Shares held by the reporting person were canceled and converted into the right to receive the number of shares of Class A common stock, par value $0.0001 per share, of Starry Group Holdings, Inc. equal to the number of canceled Class A Shares multiplied by the Exchange Ratio.
F3 Class B Shares were convertible into Class A Shares on a one-for-one basis, subject to certain adjustment, and had no expiration date.