Sec Form 3 Filing - Galileo Founders Holdings L.P. @ Galileo Acquisition Corp. - 2019-10-17

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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
Galileo Founders Holdings L.P.
2. Issuer Name and Ticker or Trading Symbol
Galileo Acquisition Corp. [ GLEO.U]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1049 PARK AVENUE, 14A
3. Date of Earliest Transaction (MM/DD/YY)
10/17/2019
(Street)
NEW YORK, NY10028
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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
Ordinary Shares 3,450,000 ( 1 ) ( 2 ) D
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
Galileo Founders Holdings L.P.
1049 PARK AVENUE, 14A
NEW YORK, NY10028
X
Galileo Founders GP Corp
1049 PARK AVENUE, 14A
NEW YORK, NY10028
X
Giacometti Luca
1049 PARK AVE. 14A
NEW YORK, NY10028
X X CEO
Recchi Alberto
1049 PARK AVENUE FLOOR 14A
NEW YORK, NY10028
X X CFO
Signatures
/s/ Alberto Recchi, as President of Galileo Founders GP Holdings Corp., the general partner of Galileo Founders Holdings, L.P. 10/17/2019
Signature of Reporting Person Date
/s/ Alberto Recchi, as President of Galileo Founders GP Holdings Corp. 10/17/2019
Signature of Reporting Person Date
/s/ Luca Giacometti 10/17/2019
Signature of Reporting Person Date
/s/ Alberto Recchi 10/17/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares represent ordinary shares of Galileo Acquisition Corp. (the "Company"), held by Galileo Founders Holdings, L.P. (the "Sponsor"), acquired pursuant to a subscription agreement by and between the Sponsor and the Company. The ordinary shares owned by the reporting person include up to 450,000 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the Company's securities do not exercise in full their over-allotment option as described in the Company's registration statement.
( 2 )Galileo Founders GP Corp. (the "Sponsor GP") is the general partner of the Sponsor and has voting and investment discretion with respect to the ordinary shares held by the Sponsor. Luca Giacometti, the Company's Chairman of the Board of Directors and Chief Executive Officer, directly and indirectly through an entity he controls (Gaburo, SRL), and Alberto Recchi, the Company's Chief Financial Officer and Director, through an entity he controls (Ampla Capital, LLC), are the sole directors and officers of the Sponsor GP. As such, the Sponsor GP and each of Messrs. Giacometti and Recchi may be deemed to have beneficial ownership of such ordinary shares held directly by the Sponsor. Each such person or entity disclaims any beneficial ownership of the reported ordinary shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.

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