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DocGo Inc. — Director's Dealing 2020
Oct 15, 2020
33981_dirs_2020-10-14_6db7c102-6078-4efc-a994-e5283259bec4.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Motion Acquisition Corp. (MOTNU)
CIK: 0001822359
Period of Report: 2020-10-14
Reporting Person: TRAVERS JAMES M (Director, 10% Owner)
Reporting Person: Burdiek Michael J (Director, Chief Executive Officer, 10% Owner)
Reporting Person: VITELLE RICHARD K (Chief Financial Officer, 10% Owner)
Reporting Person: Sarkissian Garo Sarkis (Executive Vice President, 10% Owner)
Reporting Person: Motion Acquisition LLC (10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (3306250) | Indirect | ||
| Warrants | $11.50 | Class A Common Stock (2533333) | Indirect |
Footnotes
F1: The Class B Common Stock will automatically convert into Class A Common Stock at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment. The Class B Common Stock has no expiration date.
F2: Includes up to 431,250 shares of Class B Common Stock that may be forfeited if the underwriters in the Issuer's initial public offering do not exercise the overallotment option in full.
F3: These securities are owned directly by Motion Acquisition LLC, a ten percent owner of the Issuer, and indirectly by its managing members, James Travers, the Issuer's Chairman, Michael Burdiek, the Issuer's Chief Executive Officer and a director, Rick Vitelle, the Issuer's Chief Financial Officer and Secretary, and Garo Sarkissian, the Issuer's Executive Vice President of Corporate Development. Each of Messrs. Travers, Burdiek, Vitelle, and Sarkissian disclaims beneficial ownership of the securities held by Motion Acquisition LLC, except to the extent of his pecuniary interest therein.
F4: Each warrant will become exercisable on the later of 30 days after the completion of an initial business combination or twelve months from the closing of the Issuer's initial public offering.
F5: Each warrant will expire five years after the completion of an initial business combination.
F6: Represents warrants which, prior to the effective date of the registration statement relating to the Issuer's initial public offering, Motion Acquisition LLC irrevocably committed to purchase. Does not include up to 230,000 warrants which such entity irrevocably committed to purchase in the event the underwriters in the Issuer's initial public offering exercise the overallotment option in full.