0001213900-23-060051.txt : 20230726 0001213900-23-060051.hdr.sgml : 20230726 20230726163013 ACCESSION NUMBER: 0001213900-23-060051 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230713 FILED AS OF DATE: 20230726 DATE AS OF CHANGE: 20230726 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Peker Lev CENTRAL INDEX KEY: 0001761840 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38296 FILM NUMBER: 231113992 MAIL ADDRESS: STREET 1: US AUTO PARTS STREET 2: 16941 KEEGAN AVENUE CITY: CARSON STATE: CA ZIP: 90746 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 X0508 4 2023-07-13 0 0001698113 PARTS iD, Inc. ID 0001761840 Peker Lev 1 CORPORATE DRIVE SUITE C CRANBURY NJ 08512 1 1 0 0 Chief Executive Officer 0 Warrant (Right to Purchase) 0.42 2023-07-13 4 A 0 4761904 A 2023-07-13 2028-07-13 Class A Common Stock 4761904 4761904 D Convertible Notes 2023-07-13 4 A 0 750000 2000000 A 2024-07-13 Class A Common Stock 2000000 D The warrants were received in consideration for the loans forwarded by Mr. Peker and which are evidenced by a convertible promissory note (the "Convertible Note"). The Convertible Note matures on July 13, 2024 (the "Maturity Date"). Upon the Issuer's sale and issuance of equity or equity-linked securities pursuant to which the Issuer receives aggregate gross proceeds of at least $10 million (a "Qualified Equity Financing") within 180 days of the transaction date, the Convertible Notes are mandatorily convertible into shares of such equity securities sold in the Qualified Equity Financing. Effective on the Maturity Date, if the Convertible Notes have not otherwise been repaid by the Issuer in accordance with the terms and conditions set forth therein, then at the option of the Reporting Person, the outstanding balance of the Convertible Note (including any accrued but unpaid interest thereon) (the "Note Amount") shall convert into that number of fully paid and nonassessable shares of the Company's Class A common stock at a conversion price equal to the respective Note Amount (as defined in the Convertible Note) divided by the Conversion Price (as defined in the Convertible Note). /s/ Lev Peker 2023-07-26