Statement of Changes in Beneficial Ownership (4)
September 28 2021 - 4:47PM
Edgar (US Regulatory)
FORM 4
[X]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
|
1. Name and Address of Reporting Person
*
Gores Sponsor IV LLC |
2. Issuer Name and Ticker or Trading Symbol
UWM Holdings Corp
[
UWMC
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
|
|
(Last)
(First)
(Middle)
9800 WILSHIRE BLVD, |
3. Date of Earliest Transaction
(MM/DD/YYYY)
3/2/2021 |
|
(Street)
BEVERLY HILLS, CA 90212
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
_
X
_ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
| Class A Common Stock, par value $0.0001 per share | 7/7/2021 | | J | | 6975198 | D | (1) | 3574802 | D | |
| Class A Common Stock, par value $0.0001 per share | 7/7/2021 | | J | | 3143599 | A | (1) | 3143599 | I | See footnotes (2)(10) |
| Class A Common Stock, par value $0.0001 per share | 7/7/2021 | | J | | 30000 | A | (1) | 30000 | I | See footnotes (3)(10) |
| Class A Common Stock, par value $0.0001 per share | 7/7/2021 | | J | | 150000 | A | (1) | 150000 | I | See footnotes (4)(10) |
| Class A Common Stock, par value $0.0001 per share | 7/7/2021 | | J | | 150000 | A | (1) | 150000 | I | See footnotes (5)(10) |
| Class A Common Stock, par value $0.0001 per share | 7/27/2021 | | J | | 215441 | D | (6) | 3359361 | D | |
| Class A Common Stock, par value $0.0001 per share | 9/14/2021 | | J | | 3359361 | D | (7) | 0 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code
(Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) | 8. Price of Derivative Security
(Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Warrants to Purchase Shares of Class A Common Stock | $11.50 | 3/2/2021 | | J (8) | | | 5047539 | 2/20/2021 | 1/21/2026 | Class A Common Stock, par value $0.0001 per share | 5047539 | (8) | 202461 | I | See footnotes (8)(10) |
| Warrants to Purchase Shares of Class A Common Stock | $11.50 | 3/2/2021 | | J (8) | | 2107539 | | 2/20/2021 | 1/21/2026 | Class A Common Stock, par value $0.0001 per share | 2107539 | (8) | 2107539 | I | See footnotes (8)(9)(10) |
| Explanation of Responses: |
| (1) | On July 7, 2021, Gores Sponsor IV LLC ("Sponsor") made an in-kind distribution of 6,975,198 shares of Class A common stock ("Shares") of UWM Holdings Corporation (the "Issuer"). AEG Holdings, LLC ("AEG") is the managing member of Sponsor. Alec Gores is the managing member of AEG. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by AEG and Sponsor. |
| (2) | Of the 6,975,198 Shares distributed by Sponsor described in footnote 1 above, AEG received 3,143,599 Shares in the distribution-in-kind. |
| (3) | Of the 6,975,198 Shares distributed by Sponsor described in footnote 1 above, NBI Irrevocable Trust #4, a trust for the benefit of one of Mr. Gores's children, received 30,000 Shares in the distribution-in-kind. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by the trust. |
| (4) | Of the 6,975,198 Shares distributed by Sponsor described in footnote 1 above, NBI Irrevocable Trust #5, a trust for the benefit of one of Mr. Gores's children, received 150,000 Shares in the distribution-in-kind. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by the trust. |
| (5) | Of the 6,975,198 Shares distributed by Sponsor described in footnote 1 above, NBI Irrevocable Trust #6, a trust for the benefit of one of Mr. Gores's children, received 150,000 Shares in the distribution-in-kind.. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by the trust. |
| (6) | On July 27, 2021, Sponsor made an in-kind distribution of 215,441 Shares. |
| (7) | On September 14, 2021, Sponsor made an in-kind distribution of 3,359,361 Shares. |
| (8) | On March 2, 2021, Sponsor made an in-kind distribution of 5,047,539 warrants ("Warrants") to purchase 5,047,539 Shares. |
| (9) | Of the 5,047,539 Warrants distributed by Sponsor described in footnote 8 above, AEG received 2,107,539 Warrants in the distribution-in-kind. |
| (10) | Because of the relationship 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. Pursuant to Rule 16a-1(a)(4) under 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. |
Reporting Owners
|
| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
Gores Sponsor IV LLC
9800 WILSHIRE BLVD
BEVERLY HILLS, CA 90212 |
| X |
|
|
AEG Holdings, LLC
C/O GORES SPONSOR IV LLC
9800 WILSHIRE BLVD.
BEVERLY HILLS, CA 90212 |
| X |
|
|
Gores Alec E
C/O GORES SPONSOR IV LLC
9800 WILSHIRE BLVD.
BEVERLY HILLS, CA 90212 |
| X |
|
|
Signatures
|
| GORES SPONSOR IV LLC, By: /s/ Andrew McBride, Attorney-in-Fact | | 9/28/2021 |
| **Signature of Reporting Person | Date |
| AEG HOLDINGS, LLC, By: /s/ Andrew McBride, Attorney-in-Fact | | 9/28/2021 |
| **Signature of Reporting Person | Date |
| ALEC GORES, By: /s/ Andrew McBride, Attorney-in-Fact | | 9/28/2021 |
| **Signature of Reporting Person | Date |
Gores Holdings IV (NASDAQ:GHIV)
Historical Stock Chart
From Nov 2024 to Dec 2024
Gores Holdings IV (NASDAQ:GHIV)
Historical Stock Chart
From Dec 2023 to Dec 2024
Real-Time news about Gores Holdings IV Inc (NASDAQ): 0 recent articles
More Uwm Holdings Corp News Articles