Sec Form 3 Filing - DHB Capital LLC @ DHB Capital Corp. - 2021-03-01

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
DHB Capital LLC
2. Issuer Name and Ticker or Trading Symbol
DHB Capital Corp. [ DHBCU]
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)
C/O DHB CAPITAL CORP., 5 BREWSTER STREET #2105
3. Date of Earliest Transaction (MM/DD/YY)
03/01/2021
(Street)
GLEN COVE, NY11542
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 ) ( 1 ) ( 1 ) Class A Common Stock 7,187,500 ( 2 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DHB Capital LLC
C/O DHB CAPITAL CORP.
5 BREWSTER STREET #2105
GLEN COVE, NY11542
X
Binderow Alex J.
C/O DHB CAPITAL CORP.
5 BREWSTER STREET #2105
GLEN COVE, NY11542
X X CEO and President
DEMARTINI RICHARD M
C/O DHB CAPITAL CORP.
5 BREWSTER STREET #2105
GLEN COVE, NY11542
X X Co-Executive Chairman
HURST ROBERT J/NY
C/O DHB CAPITAL CORP.
5 BREWSTER STREET #2105
GLEN COVE, NY11542
X X Co-Executive Chairman
Signatures
/s/ Alex Binderow, as Managing Member of DHB Capital LLC 03/01/2021
Signature of Reporting Person Date
/s/ Alex Binderow 03/01/2021
Signature of Reporting Person Date
/s/ Richard M. DeMartini 03/01/2021
Signature of Reporting Person Date
/s/ Robert J. Hurst 03/01/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )As described in the issuer's registration statement on Form S-1 (File No. 333-253093) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock upon the consummation of the issuer's initial business combination on a one-for-one basis, adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
( 2 )DHB Capital LLC (the "Sponsor") is the record holder of the shares of Class B common stock reported herein. Richard M. DeMartini, Robert J. Hurst, and Alex Binderow are the managing members of the Sponsor and have voting and investment discretion with respect to the securities held of record by the Sponsor. By virtue of these relationships, Messrs. DeMartini, Hurst, and Binderow may be deemed to have or share beneficial ownership of the securities held of record by the Sponsor. 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.

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).
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