## Filing Overview
**Insider Name**: [[John Herr]]
**Type of Filing**: [[Filing Definitions#Form 3|Form 3]]
**Filing Date**: 2020-09-24
**Transaction Date**: 2020-09-24
**Transaction Type**: Initial Statement of Ownership
**Number of Shares**: 25,000 (Class B Ordinary Shares)
**Ownership Form**: Direct
**Conversion Terms**: Automatically converts to Class A ordinary shares upon business combination.
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## Notes
- [[John Herr]] filed this **Form 3** to report his initial ownership as a Director of **Vector Acquisition Corp**.
- The filing states ownership of **25,000 Class B ordinary shares**, which will automatically convert to **Class A ordinary shares** on a one-for-one basis upon the issuer's initial business combination.
- This conversion is subject to adjustments for share splits, reorganizations, or recapitalizations, with no expiration date for the conversion rights.
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## Filing
![[51434bfd-1fd6-4c7b-a311-a108bb54df03.pdf]]