0001140361-20-021570.txt : 20200925 0001140361-20-021570.hdr.sgml : 20200925 20200925161558 ACCESSION NUMBER: 0001140361-20-021570 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200923 FILED AS OF DATE: 20200925 DATE AS OF CHANGE: 20200925 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SVAC Sponsor LLC CENTRAL INDEX KEY: 0001822122 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39496 FILM NUMBER: 201200312 BUSINESS ADDRESS: STREET 1: 777 THIRD AVENUE, 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: (212) 845-7977 MAIL ADDRESS: STREET 1: 777 THIRD AVENUE, 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: STARBOARD VALUE ACQUISITION CORP. CENTRAL INDEX KEY: 0001794905 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 777 THIRD AVENUE 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2128457977 MAIL ADDRESS: STREET 1: 777 THIRD AVENUE 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 4 1 form4.xml FROM 4 X0306 4 2020-09-23 0001794905 STARBOARD VALUE ACQUISITION CORP. SVACU 0001822122 SVAC Sponsor LLC 777 THIRD AVENUE, 18TH FLOOR NEW YORK NY 10017 true Class B common stock 2020-09-23 4 D 0 231787 0 D Class A common stock 231787 9480713 D As described in the issuer's registration statement (the "Registration Statement") on Form S-1 (File No. 333-248094) under the heading "Description of securities - Founder shares," the shares of the issuer's Class B common stock, par value $0.0001 per share, will automatically convert into shares of the issuer's Class A common stock, par value $0.0001 per share, at the time of the issuer's initial business combination on a one-for-one basis (or earlier, at the holder's option), subject to adjustments for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. The shares of Class B common stock owned by the Sponsor included up to 1,281,690 shares that were subject to forfeiture in the event the underwriters of the initial public offering of the Issuer's securities did not exercise in full their over-allotment option as described in the issuer's Registration Statement. Because the underwriters exercised their over-allotment option in part, the Sponsor forfeited 231,787 shares of Class B common stock without consideration on September 23, 2020 for cancellation by the Issuer. The reported number of shares reflect the receipt of 1,618,750 shares of Class B common stock as part of an in-kind dividend distributed to all holders of Class B common stock in connection with the closing of the initial public offering. SVAC Sponsor LLC is the direct owner of the shares listed on this Form 3. SVAC Manager LLC, a Delaware limited liability company, is the Manager of the Sponsor. /s/ Kenneth R. Marlin, as authorized signatory 2020-09-25