SEC Form 4
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)
| 2. Issuer Name and Ticker or Trading Symbol BurgerFi International, Inc. [ BFI, BFIIW ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 12/16/2020 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) 12/23/2020 | 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 | ||||||
Common Stock | 12/16/2020 | J(1) | 290,659(2) | D | $0.00(1) | 1,319,341 | I | LH Equities, LLC(3) | ||
Common Stock | 12/16/2020 | J(4)(5) | 1,319,341 | D | $0.00(4) | 0 | I | LH Equities, LLC(3) | ||
Common Stock | 12/16/2020 | J(4)(5) | 793,713 | A | $0.00(4) | 793,713 | I | Lionheart Equities, LLC(6) | ||
Common Stock | 12/16/2020 | J(5)(7) | 72,988 | D | $0.00(7) | 720,725 | I | Lionheart Equities, LLC(6) |
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 | ||||||||
Warrants underlying Units(8) | $11.5 | 12/16/2020 | J(5)(9) | 10,613 | 01/16/2021 | 12/16/2025 | Common Stock | 10,613 | $0.00(9) | 1,139,387 | I | Lionheart Equities, LLC(6) |
Explanation of Responses: |
1. In connection with the consummation of the business combination (the "Business Combination") between Opes Acquisition Corp. ("OPES") and BurgerFi International, LLC, LH Equities, LLC distributed (i) 48,000 founders' shares (collectively) to David Brain, James Anderson, Martha (Stormy) L. Byorum and Allison Greenfield (members of the pre-closing OPES Board of Directors), (ii) 20,000 founders' shares to EarlyBirdCapital, LLC; (iii) 197,659 founders' shares to Strongback Holdings Limited and (iv) 25,000 founders' shares to Faquiry Diaz Cala (the Special Advisor to the Board of Directors of OPES), Matias Urcuyo and Ashley Spitz. |
2. This amendment is being filed to correct the number of shares disposed of and the number of shares beneficially owned following such disposition. |
3. Shares that were held by LH Equities, LLC, of which Lionheart Equities, LLC was a majority equity holder, of which the Reporting Person is the manager and sole member, and the other equity holder of which was Domus Family Limited Liability Partnership, the shares attributable to which Lionheart Equities, LLC had voting control over. |
4. Represents a distribution of shares by LH Equities, LLC to its equity holders upon the dissolution of LH Equities, LLC. |
5. This transaction was erroneously omitted from the original Form 4 that was filed by the Reporting Person. |
6. The Reporting Person is the manager and sole member of Lionheart Equities, LLC. |
7. Represents a distribution by Lionheart Equities, LLC of 56,604 founders' shares to Apollo Tropical, LLC, 10,000 founders' shares to GA Real Estate Holdings LLC, 5,384 founders' shares to Leviathan Group, LLC and 1,000 founders' shares to Itamar Ben Shmuel. |
8. Each Unit consists of one share of common stock and one warrant (each, a "Warrant") exercisable to purchase one share of common stock at an exercise price of $11.50 per share. |
9. Represents a distribution of Warrants to Faquiry Diaz Cala, the Special Advisor to the Board of Directors of OPES. |
Remarks: |
/s/ Ophir Sternberg | 08/06/2021 | |
** 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. |