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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Pivotal Spac Funding LLC
2. Issuer Name and Ticker or Trading Symbol

Pivotal Acquisition Corp [ KLDI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

C/O GRAUBARD MILLER, 405 LEXINGTON AVE, 11TH FL
3. Date of Earliest Transaction (MM/DD/YYYY)

12/19/2019
(Street)

NEW YORK, NY 10174
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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
Common Stock 12/19/2019  C  5070608 A (1)5070608 I By Pivotal Acquisition Holdings LLC (5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B common stock  (1)12/19/2019  D     479392   (1) (1)Common Stock 479392  (2)5320608 I By Pivotal Acquisition Holdings LLC (5)
Class B common stock  (1)12/19/2019  C     5070608   (1) (1)Common Stock 5070608  (1)0 I By Pivotal Acquisition Holdings LLC (5)
Warrants $11.50 12/19/2019  D     1764719   (3) (4)Common Stock 1764719  (2)4585281 I By Pivotal Acquisition Holdings LLC (5)

Explanation of Responses:
(1) Pivotal Acquisition Corp.'s Class B common stock was convertible on a one-for-one basis into common equity of the surviving entity upon consummation of the Issuer's initial business combination and had no expiration date. In connection with the Issuer's business combination, such shares of Class B common stock of Pivotal Acquisition Corp. automatically converted into shares of common stock of KLDiscovery Inc.
(2) The reporting person forfeited these securities to the Issuer for no consideration.
(3) The warrants will become exercisable 30 days after the completion of the Issuer's initial business combination.
(4) The warrants will expire on the fifth anniversary of the completion of the Issuer's initial business combination.
(5) These shares are owned directly by Pivotal Acquisition Holdings LLC, a ten percent owner of the issuer, and indirectly by its managing members, Jonathan Ledecky (a director of the Issuer) and Pivotal Spac Funding LLC. Pivotal Spac Funding LLC is an affiliate of MGG Investment Group LP, whose Chief Executive Officer is Kevin Griffin, a director of the Issuer. Each of Mr. Ledecky, Pivotal Spac Funding LLC, MGG Investment Group LP, and Mr. Griffin disclaim beneficial ownership of the securities held by Pivotal Acquisition Holdings LLC, except to the extent of his or its pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Pivotal Spac Funding LLC
C/O GRAUBARD MILLER
405 LEXINGTON AVE, 11TH FL
NEW YORK, NY 10174

X

LEDECKY JONATHAN J
C/O GRAUBARD MILLER
405 LEXINGTON AVE, 11TH FL
NEW YORK, NY 10174
XX


Signatures
/s/ Kevin Griffin as Chief Executive Officer of Pivotal Spac Funding LLC12/23/2019
**Signature of Reporting PersonDate

/s/ Jonathan J. Ledecky12/23/2019
**Signature of Reporting PersonDate

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