0001213900-23-018279.txt : 20230307 0001213900-23-018279.hdr.sgml : 20230307 20230307170047 ACCESSION NUMBER: 0001213900-23-018279 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230306 FILED AS OF DATE: 20230307 DATE AS OF CHANGE: 20230307 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RIGAUD EDWIN CENTRAL INDEX KEY: 0001179761 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38296 FILM NUMBER: 23713439 MAIL ADDRESS: STREET 1: 3639 VINEYARD PLACE CITY: CINCINNATI STATE: OH ZIP: 45226 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PARTS iD, Inc. CENTRAL INDEX KEY: 0001698113 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311] IRS NUMBER: 813674868 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1308 RACE STREET, SUITE 200 CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 513-618-7161 MAIL ADDRESS: STREET 1: 1308 RACE STREET, SUITE 200 CITY: CINCINNATI STATE: OH ZIP: 45202 FORMER COMPANY: FORMER CONFORMED NAME: Legacy Acquisition Corp. DATE OF NAME CHANGE: 20170214 4 1 ownership.xml OWNERSHIP DOCUMENT X0306 4 2023-03-06 0 0001698113 PARTS iD, Inc. ID 0001179761 RIGAUD EDWIN 1 CORPORATE DRIVE SUITE C CRANBURY NJ 08512 1 0 0 0 Warrant (Right to Purchase) 0.50 2023-03-06 4 A 0 80000 A 2023-03-06 2028-03-06 Class A Common Stock 80000 80000 D Convertible Notes 2023-03-06 4 A 0 400000 400000 A 2025-03-06 Class A Common Stock 400000 D The warrants were received in consideration for the loans forwarded by Mr. Rigaud and which are evidenced by the convertible promissory notes (the "Convertible Notes"). The Convertible Notes accrue interest at 7.75% per annum, compounded semi-annually and such interest may be paid at the option of PARTS iD, Inc. (the "Company") either in cash or common stock. Upon the Company's sale and issuance of equity or equity-linked securities pursuant to which the Company receives aggregate gross proceeds of at least $3 million (a "Qualified Equity Financing"), the Convertible Notes are mandatorily convertible into shares of such equity securities sold in the Qualified Equity Financing. The Company may, at its option, redeem the Convertible Notes for cash, in full or in part, if the Convertible Notes have not otherwise been converted within 180 days of the date of issuance. In addition, upon a Change of Control (as defined in the Convertible Notes) of the Company, the Convertible Notes shall be repaid in full at or before the closing of such transaction in cash. The Convertible Notes mature on March 6, 2025. /s/ Edwin Rigaud 2023-03-07