FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
InterPrivate II Acquisition Corp. [ GETR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/08/2022 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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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) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction 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 |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) | 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: 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 | ||||||||
Stock Options | $2.4356 | 12/08/2022 | A | 32,025 | (1) | 04/10/2028 | Common Stock | 32,025 | (1) | 32,025 | D | ||||
Stock Options | $2.4356 | 12/08/2022 | A | 5,444 | (2) | 09/26/2028 | Common Stock | 5,444 | (2) | 5,444 | D | ||||
Stock Options | $2.4356 | 12/08/2022 | A | 26,581 | (3) | 07/17/2029 | Common Stock | 26,581 | (3) | 26,581 | D | ||||
Stock Options | $2.4356 | 12/08/2022 | A | 16,013 | (4) | 03/29/2030 | Common Stock | 16,013 | (4) | 16,013 | D | ||||
Stock Options | $2.4356 | 12/08/2022 | A | 23,779 | (5) | 03/02/2031 | Common Stock | 23,779 | (5) | 23,779 | D | ||||
Stock Options | $2.4356 | 12/08/2022 | A | 32,025 | (1) | 03/02/2031 | Common Stock | 32,025 | (1) | 32,025 | D | ||||
Stock Options | $2.4356 | 12/08/2022 | A | 40,272 | (6) | 02/25/2031 | Common Stock | 40,272 | (6) | 40,272 | D | ||||
Stock Options | $5.3395 | 12/08/2022 | A | 112,089 | (7) | 12/02/2031 | Common Stock | 112,089 | (7) | 112,089 | D |
Explanation of Responses: |
1. Received in connection with the Issuer's business combination (the "Business Combination") with Getaround, Inc. ("Legacy Getaround") in accordance with the terms of the Agreement and Plan of Merger dated as of May 11, 2022, by and among the Issuer (f/k/a InterPrivate II Acquisition Corp.), TMPST Merger Sub I, Inc., TMPST Merger Sub II, LLC and Legacy Getaround, in exchange for options to acquire 100,000 shares of Legacy Getaround common stock for $0.78 per share. The Business Combination closed on December 8, 2022 (the "Closing Date"). All of the stock options were exercisable as of the Closing Date. |
2. Received in connection with the Business Combination in exchange for options to acquire 17,000 shares of Legacy Getaround common stock for $0.78 per share. Includes unvested stock options, of which there were 817 as of the Closing Date, that vest in equal installments monthly until September 1, 2023, subject to the continuous service of the Reporting Person on each vesting date. |
3. Received in connection with the Business Combination in exchange for options to acquire 83,000 shares of Legacy Getaround common stock for $0.78 per share. Includes unvested stock options, of which there were 5,760 as of the Closing Date, that vest in equal installments monthly until January 1, 2024, subject to the continuous service of the Reporting Person on each vesting date. |
4. Received in connection with the Business Combination in exchange for options to acquire 50,000 shares of Legacy Getaround common stock for $0.78 per share. Includes unvested stock options, of which there were 6,940 as of the Closing Date, that vest in equal installments monthly until February 3, 2025, subject to the continuous service of the Reporting Person on each vesting date. |
5. Received in connection with the Business Combination in exchange for options to acquire 74,250 shares of Legacy Getaround common stock for $0.78 per share. Includes unvested stock options, of which there were 12,385 as of the Closing Date, that vest in equal installments monthly until January 1, 2025, subject to the continuous service of the Reporting Person on each vesting date. |
6. Received in connection with the Business Combination in exchange for options to acquire 125,750 shares of Legacy Getaround common stock for $0.78 per share. Includes unvested stock options, of which there were 16,781 as of the Closing Date, that vest in equal installments monthly until August 1, 2024, subject to the continuous service of the Reporting Person on each vesting date. |
7. Received in connection with the Business Combination in exchange for options to acquire 350,000 shares of Legacy Getaround common stock for $1.71 per share. Includes unvested stock options, of which there were 81,732 as of the Closing Date, that vest in equal installments monthly until November 1, 2025, subject to the continuous service of the Reporting Person on each vesting date. |
Remarks: |
/s/ Spencer Jackson, as Attorney-in-Fact | 12/12/2022 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |