Sec Form 4 Filing - TWC Tech Holdings II, LLC @ TWC Tech Holdings II Corp. - 2020-12-21

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
TWC Tech Holdings II, LLC
2. Issuer Name and Ticker or Trading Symbol
TWC Tech Holdings II Corp. [ TWCTU]
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)
FOUR EMBARCADERO CENTER,, SUITE 2100
3. Date of Earliest Transaction (MM/DD/YY)
12/21/2020
(Street)
SAN FRANCISCO, CA94111
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
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
Class B Common Stock ( 1 ) 12/21/2020 J( 2 ) 12,500 ( 1 ) ( 1 ) Class A Common Stock 12,500 $ 0 14,912,500 I See footnote ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
TWC Tech Holdings II, LLC
FOUR EMBARCADERO CENTER,
SUITE 2100
SAN FRANCISCO, CA94111
X
TWC SPAC Aggregator II, LLC
C/O TWC TECH HOLDINGS II CORP.
FOUR EMBARCADERO CENTER, SUITE 2100
SAN FRANCISCO, CA94111
X
TWC Employee SPAC Aggregator II, LLC
C/O TWC TECH HOLDINGS II CORP.
FOUR EMBARCADERO CENTER, SUITE 2100
SAN FRANCISCO, CA94111
X
True Wind Capital Management, L.P.
C/O TWC TECH HOLDINGS II CORP.
FOUR EMBARCADERO CENTER, SUITE 2100
SAN FRANCISCO, CA94111
X
True Wind Capital Management GP, LLC
C/O TWC TECH HOLDINGS II CORP.
FOUR EMBARCADERO CENTER, SUITE 2100
SAN FRANCISCO, CA94111
X
CLAMMER ADAM
FOUR EMBARCADERO CENTER,
SUITE 2100
SAN FRANCISCO, CA94111
X X CEO and President
GREENE JAMES H JR
FOUR EMBARCADERO CENTER,
SUITE 2100
SAN FRANCISCO, CA94111
X X
Signatures
/s/ Adam Clammer, as managing member ("MM") of True Wind Capital Management GP, LLC, general partner of True Wind Capital Management, L.P., MM of TWC Employee SPAC Aggregator II, LLC, MM of TWC SPAC Aggregator II, LLC, MM of TWC Tech Holdings II, LLC 12/21/2020
Signature of Reporting Person Date
/s/ Adam Clammer, as MM of True Wind Capital Management GP, LLC, the general partner of True Wind Capital Management, L.P., the MM of TWC Employee SPAC Aggregator II, LLC, the MM of TWC SPAC Aggregator II, LLC 12/21/2020
Signature of Reporting Person Date
/s/ Adam Clammer, as MM of True Wind Capital Management GP, LLC, the general partner of True Wind Capital Management, L.P., the MM of TWC Employee SPAC Aggregator II, LLC 12/21/2020
Signature of Reporting Person Date
/s/ Adam Clammer, as MM of True Wind Capital Management GP, LLC, the general partner of True Wind Capital Management, L.P. 12/21/2020
Signature of Reporting Person Date
/s/ Adam Clammer, as MM of True Wind Capital Management GP, LLC 12/21/2020
Signature of Reporting Person Date
/s/ Adam Clammer 12/21/2020
Signature of Reporting Person Date
s/ James Greene, Jr. 12/21/2020
Signature of Reporting Person Date
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 )Pursuant to certain securities assignment agreement, dated as of December 21, 2020, 12,500 shares of Class B common stock of the Issuer were assigned by a resigning director of the Issuer to TWC Tech Holdings II, LLC for no consideration.
( 3 )TWC Tech Holdings II, LLC is the record holder of the shares of Class B common stock reported herein. TWC SPAC Aggregator II, LLC is the managing member of TWC Tech Holdings II, LLC. TWC Employee SPAC Aggregator II, LLC is the managing member of TWC SPAC Aggregator II, LLC. True Wind Capital Management, L.P. is the managing member of TWC Employee SPAC Aggregator II, LLC. True Wind Capital Management GP, LLC, is the general partner of True Wind Capital Management, L.P. As the managing members of True Wind Capital Management GP, LLC, Mr. Greene and Mr. Clammer may be deemed to have or share beneficial ownership of the Class B common stock held directly by TWC Tech Holdings II, LLC. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.

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