Sec Form 4 Filing - Townsend Andrew S @ Collective Growth Corp - 2020-06-29

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
Townsend Andrew S
2. Issuer Name and Ticker or Trading Symbol
Collective Growth Corp [ CGRO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O COLLECTIVE GROWTH CORPORATION, 1805 WEST AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
06/29/2020
(Street)
AUSTIN, TX78701
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 ) 06/29/2020 D 365,625 ( 1 ) ( 1 ) Class A Common Stock 365,625 ( 2 ) 2,437,499 I By Shipwright SPAC I, LLC ( 4 )
Class B Common Stock ( 1 ) 07/29/2020 S 375,000 ( 1 ) ( 1 ) Class A Common Stock 375,000 $ 0 ( 3 ) 2,062,499 I By Shipwright SPAC I, LLC ( 4 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Townsend Andrew S
C/O COLLECTIVE GROWTH CORPORATION
1805 WEST AVENUE
AUSTIN, TX78701
X X
Shipwright SPAC I, LLC
C/O COLLECTIVE GROWTH CORPORATION
1805 WEST AVENUE
AUSTIN, TX78701
X
Signatures
/s/ Andrew Townsend 07/31/2020
Signature of Reporting Person Date
/s/ Shipwright SPAC I, LLC, by Andrew Townsend, Managing Member of Shipwright Partners LLC, Managing Member of Shipwright SPAC I, LLC 07/31/2020
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, subject to adjustment. The Class B common stock has no expiration date.
( 2 )The shares were forfeited for no consideration in connection with the underwriters' election not to exercise the over-allotment option as described in the Issuer's registration statement on Form S-1.
( 3 )The blended sales price of the shares is $0.000016 per share.
( 4 )Shipwright Partners LLC is the managing member of Shipwright SPAC I, LLC. Shipwright Partners LLC is controlled by Andrew S. Townsend. Mr. Townsend disclaims beneficial ownership of the securities held by Shipwright SPAC I, LLC except to the extent of his pecuniary interest therein

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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