Statement of Changes in Beneficial Ownership (4)
12 Julio 2021 - 3:17PM
Edgar (US Regulatory)
FORM 4
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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
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Bailey Morris |
2. Issuer Name and Ticker or Trading Symbol
Tekkorp Digital Acquisition Corp.
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TEKK
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
150 BROADWAY, SUITE 800 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
7/8/2021 |
(Street)
NEW YORK, NY 10038
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
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X
_ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Class A Ordinary Shares, $0.0001 par value | 7/8/2021 | | J | | 1000000 (1) | D | (1) | 0 | I | See footnote (1) |
Class A Ordinary Shares, $0.0001 par value | | | | | | | | 1000000 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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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 |
Explanation of Responses: |
(1) | Represents shares directly held by Bailey Grand Investments LLC ("Bailey Grand"). On July 8, 2021, Morris Bailey entered into an Assignment and Redemption Agreement pursuant to which he assigned and transferred to Bailey Grand his 1% limited liability company interest in Bailey Grand, which interest corresponded to an economic interest in 10,000 shares of the Issuer's Class A common stock, par value $0.0001 per share ("Class A Shares"), in exchange for a $100,000 cash payment. In connection with the Assignment and Redemption Agreement, Mr. Bailey's limited liability company interest in Bailey Grand was redeemed and cancelled in its entirety, and a successor managing member was appointed. Upon the July 8, 2021 effectiveness of the aforementioned agreement, Mr. Bailey ceased to beneficially own the 1,000,000 Class A Shares beneficially owned by Bailey Grand, and Bailey Grand ceased to be a reporting person with respect to the Issuer. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Bailey Morris 150 BROADWAY SUITE 800 NEW YORK, NY 10038 | X | X |
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Bailey Grand Investments LLC 150 BROADWAY SUITE 800 NEW YORK, NY 10038 |
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| See footnote(1) |
Signatures
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/s/ Morris Bailey | | 7/12/2021 |
**Signature of Reporting Person | Date |
Bailey Grand Investments LLC,
By: /s/ Louis Jerome, Managing Member | | 7/12/2021 |
**Signature of Reporting Person | Date |
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