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System1, Inc. — Director's Dealing 2020
Jun 16, 2020
34424_dirs_2020-06-16_5c1727ac-0d39-4d32-b51a-12026f72389e.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Trebia Acquisition Corp. (TREB)
CIK: 0001805833
Period of Report: 2020-06-16
Reporting Person: BGPT Trebia LP (Director, 10% Owner)
Reporting Person: Bridgeport Partners GP LLC (Director, 10% Owner)
Reporting Person: MARTIRE FRANK R (Director, 10% Owner)
Reporting Person: Martire Frank III (Director, 10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Ordinary Shares, par value $0.0001 | $ | Class A Ordinary Shares, par value $0.0001 (5466563) | Direct |
Footnotes
F1: This form is being filed by the following reporting persons: BGPT Trebia LP (the "Sponsor"), Bridgeport Partners GP LLC ("Bridgeport Partners GP"), Frank R. Martire, Jr. and Frank Martire, III (and together with the Sponsor, Bridgeport Partners GP and Frank R. Martire Jr., the "Reporting Persons"). Because of the relationships among the Reporting Persons, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.
F2: The Sponsor owns 5,466,563 Class B ordinary shares, par value $0.0001 per share (the "Class B Ordinary Shares"), of Trebia Acquisition Corp. (the "Issuer"), including 717,188 Class B Ordinary Shares that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full an option granted to it to cover over-allotments. Such Class B Ordinary Shares have no expiration date and are convertible into Class A ordinary shares, par value $0.0001 per share, of the Issuer, as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-238824).
F3: The sole general partner of the Sponsor is Bridgeport Partners GP. Each of Frank R. Martire, Jr. and Frank Martire, III is a managing member of Bridgeport Partners GP.
F4: Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.