Statement of Changes in Beneficial Ownership (4)
October 27 2020 - 11:31AM
Edgar (US Regulatory)
FORM 4
[ ]
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
*
SKG Sponsor LLC |
2. Issuer Name and Ticker or Trading Symbol
Recharge Acquisition Corp.
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RCHG
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
1900 MAIN STREET, SUITE 201 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
10/23/2020 |
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(Street)
SARASOTA, FL 34236
(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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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 |
| Class B Common Stock | (1) | 10/23/2020 | | J (2) | | | 740000 | (1) | (1) | Class A Common Stock | 740000 | $0 | 5010000 | I | See footnote (3) |
| Explanation of Responses: |
| (1) | The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis. The Class B common stock has no expiration date. |
| (2) | As contemplated in connection with the initial public offering of the Issuer, 740,000 shares of Class B common stock of the Issuer were returned by the reporting person to the Issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full. |
| (3) | SKG Sponsor LLC ("Sponsor") is the record holder of the securities reported herein. Rajesh Soin is the managing member of the Sponsor and may be deemed to have beneficial ownership of the securities held of record by Sponsor. Such person disclaims any such beneficial ownership except to the extent of his pecuniary interest therein. |
Reporting Owners
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| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
SKG Sponsor LLC
1900 MAIN STREET, SUITE 201
SARASOTA, FL 34236 |
| X |
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SOIN RAJESH K
1900 MAIN STREET, SUITE 201
SARASOTA, FL 34236 | X | X |
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Signatures
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| /s/ Rajesh Soin Authorized Signatory | | 10/27/2020 |
| **Signature of Reporting Person | Date |
| Rajesh Soin /s/ Rajesh Soin | | 10/27/2020 |
| **Signature of Reporting Person | Date |
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