PLBY Form 4 Mountain Crest Acquisition / Dong Liu ownership change

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^*

Liu Dong

(Last)

(First)

(Middle)

311 WEST 43RD STREET , 12TH FLOOR

(Street)

NEW YORK

10036

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Mountain Crest Acquisition Corp. [ MCACU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/19/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/02/2020		P		365,725	A	⁽²⁾	365,725	D
Common Stock, underlying units	10/02/2020		P		163,246⁽¹⁾	A	⁽²⁾	528,971	D
Common Stock	10/02/2020		S		731,450	D	⁽²⁾	700,000	I	See Footnote⁽⁴⁾
Common Stock	10/02/2020		S⁽⁷⁾		700,000	D	$6.35	700,000⁽⁷⁾	I	See Footnote⁽⁴⁾
Common Stock, underlying units	06/19/2020		P		29,992⁽⁶⁾	A	$10	326,492	I	See Footnote⁽⁴⁾
Common Stock, underlying units	10/02/2020		S		326,492	D	⁽²⁾	0	I	See Footnote⁽⁴⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Rights to purchase Common Stock, underlying units	$0	06/19/2020		P		29,992		⁽³⁾	⁽³⁾	Common Stock	2,999	⁽¹⁾	29,992	I	See Footnote⁽⁶⁾
Rights to purchase Common Stock underlying units	$0	10/02/2020		P		163,246		⁽³⁾	⁽³⁾	Common Stock	16,324	⁽¹⁾	163,246	D
Rights to purchase Common Stock underlying units	$0	10/02/2020		S			326,492	⁽³⁾	⁽³⁾	Common Stock	32,649	⁽⁵⁾	0	I	See Footnote⁽⁴⁾

Explanation of Responses:

1. Acquired units consisting of shares and rights.

2. Distribution to members by Sunlight Global Investments LLC.Units at $10.00 per unit. Common stock at $0.017 per share.

3. The rights automatically convert into one-tenth (1/10) of a share of common stock upon the consummation of the issuer's initial business combination, as described in the issuer's prospectus filed with the SEC.

4. Shares or units, as applicable, owned by Sunlight Global Investments LLC, over which Dong Liu shares voting and dispostive power.

5. Disposed of units consisting of shares and rights.

6. Purchased by Sunlight Global Investments LLC in a private placement of units at the time of the IPO overallotment at $10.00 per unit.

7. The shares have been fully paid, but will be transferred to purchaser upon the consummation of the issuer's initial business combination.

	/s/ Dong Liu	10/06/2020
	** 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.

PLBY (PLBY) Form 4Mountain Crest Acquisition / Dong Liu ownership change