0001213900-20-045826.txt : 20201231
0001213900-20-045826.hdr.sgml : 20201231
20201231180839
ACCESSION NUMBER: 0001213900-20-045826
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201229
FILED AS OF DATE: 20201231
DATE AS OF CHANGE: 20201231
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pratt Stuart W
CENTRAL INDEX KEY: 0001836986
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39280
FILM NUMBER: 201429613
MAIL ADDRESS:
STREET 1: 303 CONGRESS STREET
CITY: BOSTON
STATE: MA
ZIP: 02210
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Danimer Scientific, Inc.
CENTRAL INDEX KEY: 0001779020
STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821]
IRS NUMBER: 841924518
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 140 INDUSTRIAL BOULEVARD
CITY: BAINBRIDGE
STATE: GA
ZIP: 39817
BUSINESS PHONE: 229-243-7075
MAIL ADDRESS:
STREET 1: 140 INDUSTRIAL BOULEVARD
CITY: BAINBRIDGE
STATE: GA
ZIP: 39817
FORMER COMPANY:
FORMER CONFORMED NAME: Danimer Scientific, Inc
DATE OF NAME CHANGE: 20201229
FORMER COMPANY:
FORMER CONFORMED NAME: Live Oak Acquisition Corp
DATE OF NAME CHANGE: 20200106
FORMER COMPANY:
FORMER CONFORMED NAME: Foxhound Merger Partners, Inc.
DATE OF NAME CHANGE: 20190605
4
1
ownership.xml
OWNERSHIP DOCUMENT
X0306
4
2020-12-29
0
0001779020
Danimer Scientific, Inc.
DNMR
0001836986
Pratt Stuart W
C/O DANIMER SCIENTIFIC, INC.
140 INDUSTRIAL BOULEVARD
BAINBRIDGE
GA
39817
1
0
0
0
Class A Common Stock ("Common Stock")
2020-12-29
4
A
0
1713892
A
1713892
D
Common Stock
2020-12-29
4
A
0
1388166
A
1388166
I
See footnote
Common Stock
2020-12-29
4
J
0
244786
24.20
D
1469106
D
Stock Option
6.88
2020-12-29
4
A
0
5952
A
2021-07-30
2030-07-30
Common Stock
5952
5952
D
Stock Option
6.88
2020-12-29
4
A
0
12363
A
2021-02-25
2030-12-18
Common Stock
12363
12363
D
Stock Option
24.20
2020-12-29
4
A
0
30000
A
2030-12-29
Common Stock
30000
30000
D
Stock Option
24.20
2020-12-29
4
A
0
312258
A
2030-12-29
Common Stock
312258
312258
D
Received in exchange for shares of common stock of Meredian Holdings Group, Inc., a Georgia corporation ("MHG") pursuant to the Agreement and Plan of Merger, dated as of October 3, 2020, by and among Live Oak Acquisition Corp., a Delaware corporation ("Live Oak"), Green Merger Corp., a Georgia corporation and wholly owned subsidiary of Live Oak ("Merger Sub"), MHG, Live Oak Sponsor Partners, LLC, as representative for Live Oak, and John A. Dowdy, Jr., as representative of the shareholders of the Company, as amended by Amendment No. 1, dated as of October 8, 2020, and Amendment No. 2, dated as of December 11, 2020, by and among all the parties thereto (as amended, the "Merger Agreement"), pursuant to which MHG became a direct, wholly-owned subsidiary of Live Oak, which subsequently changed its name to Danimer Scientific, Inc. (the "Issuer").
These shares are owned by Wentworth 84 Irrevocable Trust and Wentworth 84.
These shares of Common Stock were surrendered by the Reporting Person to the Issuer in satisfaction of outstanding indebtedness.
Received pursuant to the Merger Agreement in exchange for stock options to purchase shares of MHG common stock.
Options to purchase 10,000 shares of Common Stock will vest and become exercisable on or after December 29, 2021 if the closing price of a share of Common Stock equals or exceeds $14.00 for any twenty (20) trading dates within a thirty (30)-day trading period beginning on December 29, 2021, options to purchase 10,000 shares of Common Stock will vest and become exercisable on or after December 29, 2022 if the closing price of a share of Common Stock equals or exceeds $17.00 for any twenty (20) trading dates within a thirty (30)-day trading period beginning on December 29, 2021 and options to purchase 10,000 shares of Common Stock will vest and become exercisable on or after December 29, 2023 if the closing price of a share of Common Stock equals or exceeds $20.00 for any twenty (20) trading dates within a thirty (30)-day trading period beginning on December 29, 2021.
Granted pursuant to the terms of the Merger Agreement and issued under the Plan.
The option will not be exercisable until the later to occur of February 1, 2024 or the approval by the shareholders of the Issuer of an amendment to the Plan to increase the number of shares available under the Plan in an amount sufficient to permit the exercise of the option.
Granted in connection with the business combination contemplated by the Merger Agreement and issued under the Plan.
The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
/s/ Stuart W. Pratt
2020-12-31