Filing Details

Accession Number:
0001213900-19-014021
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-07-30 16:54:01
Reporting Period:
2019-07-30
Accepted Time:
2019-07-30 16:54:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1777393 Switchback Energy Acquisition Corp SBE.U () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1596862 K. Scott Mcneill 5949 Sherry Lane, Suite 1010
Dallas TX 75225
Ceo & Cfo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2019-07-30 103,000 $10.00 103,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Warrants Acquisiton 2019-07-30 34,333 $10.00 34,333 $0.00
Class A Common Stock Private Placement Warrants Acquisiton 2019-07-30 5,333,333 $1.50 5,333,333 $11.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
34,333 No 4 P Direct
5,333,333 No 4 P Indirect
Footnotes
  1. Includes securities underlying 103,000 units of the Issuer purchased for $10.00 per unit. Each unit consists of one share of the Issuer's Class A common stock and one-third of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one share of the Issuer's Class A common stock at an exercise price of $11.50 per share. The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination and 12 months from the closing of the Issuer's initial public offering. The warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described in the prospectus for the Issuer's initial public offering.
  2. The Reporting Person purchased the securities directly from the underwriters in connection with the Issuer's initial public offering.
  3. The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination and 12 months from the closing of the Issuer's initial public offering.
  4. The warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described in the prospectus for the Issuer's initial public offering.
  5. NGP Switchback, LLC is the record holder of the private placement warrants reported herein. Mr. McNeill is a manager and the Chief Executive Officer and Chief Financial Officer of NGP Switchback, LLC. As such, Mr. McNeill may be deemed to have or share beneficial ownership of the private placement warrants held directly by NGP Switchback, LLC.