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*
Third Point LLC

(Last) (First) (Middle)
55 HUDSON YARDS

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Far Point Acquisition Corp [ FPAC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2020
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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)
Code V Amount (A) or (D) Price
Class A Common Stock 08/28/2020 P(1) 6,421,052 A $9.5 10,421,052 I(2) See Footnote(2)
Class A Common Stock 08/28/2020 J(3) 10,421,052 D (3) 0 I(2)(4) See Footnote(2)(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock (5) 08/28/2020 J(6) 5,000,000 (5) (5) Class A Common Stock 5,000,000 (5) 10,692,500 I(2) See Footnote(2)
Class B Common Stock (5) 08/28/2020 J(7)(8) 10,692,500 (5) (5) Class A Common Stock 10,692,500 (5) 0 I(2) See Footnote(2)
Warrants (10) 08/28/2020 J(9) 9,766,667 (10) (10) Class A Common Stock 9,766,667 (10) 0 I(2) See Footnote(2)
Warrants (10) 08/28/2020 J(11) 1,333,333 (10) (10) Class A Common Stock 1,333,333 (10) 0 I(2)(4) See Footnote(2)(4)
1. Name and Address of Reporting Person*
Third Point LLC

(Last) (First) (Middle)
55 HUDSON YARDS

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Loeb Daniel S

(Last) (First) (Middle)
55 HUDSON YARDS

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Far Point LLC

(Last) (First) (Middle)
55 HUDSON YARDS

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Cloudbreak Aggregator LP

(Last) (First) (Middle)
55 HUDSON YARDS

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
Explanation of Responses:
1. Represents shares of Class A Common Stock purchased by Cloudbreak Aggregator LP ("Cloudbreak") pursuant to the Forward Purchase Agreement, dated as of May 18, 2018 between Issuer and Cloudbreak.
2. The securities disclosed in this Form 4 are held on behalf of certain funds (the "Funds") managed or advised by Third Point. Daniel S. Loeb is the Chief Executive Officer of Third Point LLC ("Third Point"). By reason of the provisions of Rule 16a-1 under the Securities Exchange Act of 1934, as amended, Third Point and Mr. Loeb may be deemed to be the beneficial owners of the securities held on behalf of the Funds. Third Point and Mr. Loeb hereby disclaim beneficial ownership of all securities, except to the extent of any indirect pecuniary interest therein.
3. Pursuant to the terms of an Agreement and Plan of Merger, dated as of January 16, 2020 (the "Merger Agreement"), by and among the Issuer, SL Globetrotter, L.P. ("Globetrotter"), Global Blue Group Holding AG ("New Global Blue") and other parties identified therein, each share of the Issuer's Class A Common Stock outstanding immediately prior to the effective time of the Merger (excluding shares of Class A Common Stock redeemed by holders of such shares pursuant to the terms of the Issuer's amended and restated certificate of incorporation) converted into the right to receive one ordinary share of New Global Blue. The transactions (the "Business Combination") contemplated by the Merger Agreement closed on August 28, 2020.
4. Far Point LLC and its managing member, Cloudbreak, do not have any voting or dispositive power over 4,000,000 of these shares of the Issuer's Class A Common Stock, which are held on behalf of the Funds, and disclaim beneficial ownership of such securities.
5. As described in the Issuer's registration statement on Form S-1 (File No. 333-225093) 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 on a one-for-one basis at the time of the Business Combination, and have no expiration date.
6. Represents shares of Class B Common Stock held by Far Point LLC that were forfeited and were cancelled in connection with the Business Combination.
7. Represents shares of Class B Common Stock held by Far Point LLC that converted into shares of New Global Blue in connection with the Business Combination.
8. Immediately following the Business Combination, and pursuant to the terms of the Merger Agreement and that certain Letter Agreement, dated as of August 16, 2020 by and among SL Globetrotter, L.P., Global Blue Group AG, Global Blue Group Holding AG, Global Blue US Holdco LLC, Global Blue US Merger Sub Inc. and Global Blue Holding L.P., Cloudbreak Aggregator LP, Far Point LLC, Third Point Ventures LLC (as nominee of the TP Funds), Third Point Offshore Master Fund L.P., Third Point Ultra Master Fund L.P., Third Point Partners Qualified L.P., Third Point Partners L.P. and Third Point Enhanced L.P (the "Letter Agreement"), all 10,692,500 of these ordinary shares of New Global Blue were transferred to Globetrotter or its designees, other than a total of 4,316,321 ordinary shares of New Global Blue which were transferred to Thomas W. Farley and David Bonanno.
9. Represents private warrants that converted into the same number of warrants of New Global Blue in connection with the Business Combination, and immediately thereafter, all such New Global Blue warrants were transferred to Globetrotter or its designees pursuant to the terms of the Letter Agreement.
10. The warrants will become exercisable 30 days after the completion of the Business Combination. The warrants will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation. Upon conversion into warrants of New Global Blue in connection with the Business Combination, each whole warrant will entitle the holder thereof to purchase one ordinary share of New Global Blue at a price of $11.50 per share (subject to adjustment).
11. Represents warrants underlying the 4,000,000 units purchased in connection with the Issuer's initial public offering which converted into the same number of warrants of New Global Blue in connection with the Business Combination.
/s/ William Song, as Attorney-in-Fact for Daniel S. Loeb, Chief Executive Officer of Third Point LLC 09/04/2020
s/ William Song, as Attorney-in-Fact for Daniel S. Loeb 09/04/2020
/s/ William Song, as Attorney-in-Fact for Daniel S. Loeb, Chief Executive Officer of Third Point LLC, the investment manager of Cloudbreak Aggregator LP 09/04/2020
/s/ William Song, as Attorney-in-Fact for Daniel S. Loeb, Chief Executive Officer of Third Point LLC, the investment manager of Cloudbreak Aggregator LP, the managing member of Far Point LLC 09/04/2020
** Signature of Reporting Person Date
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