Custom Truck One Source, Inc. — Director's Dealing 2019

Aug 1, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NESCO HOLDINGS, INC. (NSCO)
CIK: 0001709682
Period of Report: 2019-07-30

Reporting Person: Donaldson Richard C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-30	Common Stock	C	38332	—	Acquired	38332	Direct
2019-07-31	Common Stock	A	4985	$10.00	Acquired	43317	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-30	Class B Ordinary Shares	$	D	11668	Disposed		Common Stock (11668)	Direct
2019-07-30	Class B Ordinary Shares	$	C	38332	Disposed		Common Stock (38332)	Direct
2019-07-30	Warrants	$11.50	D	51020	Disposed		Common Stock (51020)	Direct
2019-07-31	Convertible Promissory Note	$1.50	C		Disposed		Warrants (20408)	Direct
2019-07-31	Warrants	$11.50	C	20408	Acquired		Common Stock (20408)	Direct
2019-07-31	Warrants	$11.50	S	20408	Disposed		Common Stock (20408)	Direct

Footnotes

F1: The Class B Ordinary Shares were convertible on a one-for-one basis into common equity of the surviving entity upon the consummation of the Issuer's initial business combination and had no exiration date. In connection with the Issuer's business combination, such Class B Ordinary Shares of Capitol Investment Corp. IV automatically converted into shares of common stock of Nesco Holdings, Inc.

F2: The reporting person forfeited these securities to the Issuer for no additional consideration.

F3: The warrants will become exercisable 30 days after the completion of the Issuer's initial business combination.

F4: The warrants will expire on the fifth anniversary of the completion of the Issuer's initial business combination.

F5: The promissory note is convertible, at the reporting person's option, at the closing of the Issuer's initial business combination. If the note is not converted, it will be repaid within 5 business days of the closing of such business combination.

F6: The reporting person was issued a series of convertible promissory notes in consideration of loans made on March 22, 2019, May 15, 2019, and July 24, 2019, in the aggregate principal amount of $30,612.