Filing Details

Accession Number:
0001104659-22-034217
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-16 07:49:47
Reporting Period:
2022-03-15
Accepted Time:
2022-03-16 07:49:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1750153 Canoo Inc. GOEV Motor Vehicle Parts & Accessories (3714) 831476189
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1835786 Ltd Key Champ Vistra Corporate Services Centre
Po Box 957, Road Town
Tortola D8 VG1110
No No Yes No
1835925 Ltd Holdings Global Dd Po Box 31119 Grand Pavilion
Hibiscus Way, 802 West Bay Road
Grand Cayman E9 KY1-1205
No No Yes No
1836826 Tam Pak Li Vistra Corporate Services Centre
Po Box 957, Road Town
Tortola D8 VG1110
No No Yes No
1836845 Ltd Capital De Fourth Floor, One Capital Place
Po Box 847
Grand Cayman E9 KY1-1103
No No 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
Common Stock Disposition 2022-03-15 10,500,000 $6.53 14,125,801 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Equity Swap (obligation to sell) Acquisiton 2022-03-15 10,500,000 $0.00 10,500,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,500,000 2022-09-17 2023-03-17 Yes 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 17,189,210 Direct
Footnotes
  1. Shares were sold pursuant to a Share Purchase Agreement dated 15, 2022 between DD Global Holdings Ltd and Bank J. Safra Sarasin AG.
  2. Shares are held directly by DD Global Holdings Limited ("DD Global"). DD Global is wholly owned by Champ Key Limited ("Champ Key"). Champ Key is wholly owned by DE Capital Limited ("DE Capital"). DE Capital is wholly owned by Pak Tam Li ("Mr. Li"). Mr. Li may be deemed to hold sole voting and dispositive control over the shares held by DD Global.
  3. Shares are held directly by Champ Key. In accordance with footnote 2 above, Mr. Li may be deemed to hold sole voting and dispositive control over the shares held by Champ Key.
  4. DD Global entered into a participation note (the "Participation Note") with a counterparty under which DD Global acquired 10,500,000 notional shares of the Issuer's common stock for a price of $6.720476 per notional share. Under the Participation Note, the counterparty must redeem certain tranches of the notional shares if the Issuer's Common Stock meets certain price targets on or after September 17, 2022, which redemptions are settled in cash. If not earlier extended, the counterparty must redeem all outstanding notional shares on March 17, 2023, which final redemption is settled in cash. During the term of the Participation Note, the counterparty will pay to DD Global all dividends and similar distributions paid on an equivalent number of shares of the Issuer's common stock.