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MASTEC INC Director's Dealing 2020

Apr 9, 2020

30366_dirs_2020-04-08_9e2b9e0c-b871-4a68-8ffe-7ba5e253d53d.zip

Director's Dealing

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SEC Form 3/A — Form 3/A

Issuer: American Virtual Cloud Technologies, Inc. (AVCT)
CIK: 0001704760
Period of Report: 2019-06-19

Reporting Person: MASTEC INC (10% Owner)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Warrant $11.50 Common Stock (2000000) Direct

Footnotes

F1: This amendment to the reporting person's Form 3, originally filed on July 3, 2019, is filed to report the reporting person's holding of a warrant to purchase 2,000,000 shares of common stock of American Virtual Cloud Technologies, Inc. (f/k/a Pensare Acquisition Corp.) (the "Issuer").

F2: The warrant may be exercised beginning on the date that is thirty (30) days after the first date on which the Issuer completes a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination, involving the Issuer and one or more businesses or entities (a "Business Combination").

F3: The warrant expires at 5:00 p.m., New York City time on the earlier to occur of: (i) the date that is five (5) years after the date on which the Issuer completes its initial Business Combination and (ii) the liquidation of the Issuer, subject to extension.

F4: Per share, subject to adjustments.