Sec Form 4 Filing - MOCK LAWRENCE E, JR. @ American Virtual Cloud Technologies, Inc. - 2020-11-04

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
MOCK LAWRENCE E, JR.
2. Issuer Name and Ticker or Trading Symbol
American Virtual Cloud Technologies, Inc. [ AVCT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
AMERICAN VIRTUAL CLOUD TECHNOLOGIES, INC, 1720 PEACHTREE STREET, SUITE 629
3. Date of Earliest Transaction (MM/DD/YY)
11/04/2020
(Street)
ATLANTA, GA30309
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 11/04/2020 J( 1 ) 117,231 ( 1 ) A $ 3 ( 1 ) 8,306,721 I ( 2 ) see footnote ( 2 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MOCK LAWRENCE E, JR.
AMERICAN VIRTUAL CLOUD TECHNOLOGIES, INC
1720 PEACHTREE STREET, SUITE 629
ATLANTA, GA30309
X X
Signatures
/s/ Lawrence E. Mock 11/06/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents additional shares of common stock issued to Stratos Management Systems Holdings LLC ("Holdings") as a result of a post-closing working capital adjustment, in accordance with the terms of that certain Business Combination Agreement, dated as of July 24, 2019, by and among Holdings, the Issuer, and the other parties named therein.
( 2 )The securities are held directly by Holdings. Holdings is controlled by Navigation Capital Partners II, L.P. ("Navigation Capital"). NCP General Partner II, LLC ("NCP GP") is the general partner of Navigation Capital, and John Richardson ("Mr. Richardson") and Lawrence E. Mock ("Mr. Mock") are the managers of NCP GP. Navigation Capital, NCP GP, Mr. Richardson and Mr. Mock may all be deemed to be indirect beneficial owners of the reported securities, but each disclaims beneficial ownership of such securities except to the extent of their pecuniary interest therein. Navigation Capital, NCP GP and Mr. Richardson's beneficial ownership is being reported separately.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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