Certain Class B Common Stock of Fintech Acquisition Corp. IV are subject to a Lock-Up Agreement Ending on 24-MAR-2021. These Class B Common Stock will be under lockup for 181 days starting from 24-SEP-2020 to 24-MAR-2021.

Details:
The founder shares, private placement units, private placement shares, private placement warrants and any shares of Class A common stock issued upon conversion or exercise thereof are each subject to transfer restrictions pursuant to lock-up provisions either in a letter agreement with us to be entered into by our sponsor, officers and directors or the unit subscription agreement with the company to be entered into by Cantor Fitzgerald. Those lock-up provisions provide that such securities are not transferable or salable: (i) in the case of the founder shares, (a) with respect to 20% of such shares, until consummation of initial business combination, (b) with respect to 20% of such shares, when the closing price of Class A common stock exceeds $12.00 for any 20 trading days within a 30-trading day period following the consummation of initial business combination, (c) with respect to 20% of such shares, when the closing price of Class A common stock exceeds $13.50 for any 20 trading days within a 30-trading day period following the consummation of initial business combination.