Exhibit 4.1


 


	NUMBER

                                                                                                        

        U
        -__________ 
	  	UNITS
	 	 	 
	SEE
    REVERSE FOR

 CERTAIN DEFINITIONS	CAPITOL
    INVESTMENT CORP. IV	 




 


CUSIP
[_______]


 


UNITS
CONSISTING OF ONE CLASS A ORDINARY SHARE AND ONE-THIRD OF ONE REDEEMABLE WARRANT


EACH
WHOLE REDEEMABLE WARRANT TO PURCHASE ONE CLASS A ORDINARY SHARE


 


THIS
CERTIFIES THAT                                                                                                                                                                         


 


is
the owner of                                                                                                                                                                                          Units.


 


Each
Unit (“Unit”) consists of one (1) Class A ordinary share, par value $0.0001 per share (“Class A ordinary share(s)”),
of Capitol Investment Corp. IV, a Cayman Islands exempted company (the “Company”), and one-third of one redeemable
warrant (the “Warrant(s)”). Each whole Warrant entitles the holder to purchase one (1) Class A ordinary share for
$11.50 per share (subject to adjustment). Each Warrant will become exercisable on the later of (i) 30 days after the Company’s
completion of a merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination
(“Business Combination”) and (ii) 12 months from the closing of the Company’s initial public offering (“IPO”),
and will expire unless exercised before 5:00 p.m., New York City Time, on the fifth anniversary of the completion of an initial
Business Combination, or earlier upon redemption or liquidation (the “Expiration Date”). The Class A ordinary shares
and Warrants comprising the Units represented by this certificate are not transferable separately prior to the 52nd day after
the date of the prospectus relating to the Company’s IPO, subject to earlier separation in the discretion of Citigroup Global
Markets Inc. provided that the Company has filed with the Securities and Exchange Commission a Current Report on Form 8-K which
includes an audited balance sheet reflecting the Company’s receipt of the gross proceeds of the IPO and issued a press release
announcing when separate trading will begin. The terms of the Warrants are governed by a Warrant Agreement, dated as of _______,
2017, between the Company and Continental Stock Transfer & Trust Company, as Warrant Agent, and are subject to the terms and
provisions contained therein, all of which terms and provisions the holder of this certificate consents to by acceptance hereof.
Copies of the Warrant Agreement are on file at the office of the Warrant Agent at One State Street Plaza, 30th Floor,
New York, New York 10004, and are available to any Warrant holder on written request and without cost.


 


This
certificate is not valid unless countersigned by the Transfer Agent and Registrar of the Company.


Witness
the facsimile seal of the Company and the facsimile signatures of its duly authorized officers.


 


	 	 		 
	By	 	 
	 	 	 
	 	Chairman of the Board	Secretary
	 	 	 




  






     

     


    

  





Capitol
Investment Corp. IV


 




The
Company will furnish without charge to each stockholder who so requests, a statement of the powers, designations, preferences
and relative, participating, optional or other special rights of each class of stock or series thereof of the Company and the
qualifications, limitations, or restrictions of such preferences and/or rights.


 


The
following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were
written out in full according to applicable laws or regulations:


 


	 	TEN
    COM –	as
    tenants in common	 	UNIF
    GIFT MIN ACT - _____ Custodian ______
	 	TEN
    ENT –	as
    tenants by the entireties	 	    (Cust)
                      (Minor)
	 	JT
    TEN –	as joint tenants with right of survivorship	 	under
    Uniform Gifts to Minors
	 	 	and
not as tenants in common	 	Act
    ______________
	 	 	 	 	    (State)



 


Additional
abbreviations may also be used though not in the above list.


 


For
value received, ___________________________ hereby sell, assign and transfer unto


 


	PLEASE INSERT SOCIAL SECURITY OR OTHER


IDENTIFYING
NUMBER OF ASSIGNEE
	 	 
	 

                                                                                 
	 	 


   


 


 



(PLEASE
PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)





	 
	 
	 	  Units



 


represented
by the within Certificate, and do hereby irrevocably constitute and appoint


 


                                                                                                                                                                                                                        Attorney


to
transfer the said Units on the books of the within named Company will full power of substitution in the premises.


 


Dated                                                


 


 


		Notice:	The
                                         signature to this assignment must correspond with the name as written upon the face of
                                         the certificate in every particular, without alteration or enlargement or any change
                                         whatever.



 


Signature(s)
Guaranteed:


 


	 	 
	THE
                                         SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION


(BANKS,
STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH


MEMBERSHIP
IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM,


PURSUANT
TO S.E.C. RULE 17Ad-15).


	 



 


The
holder(s) of this certificate shall be entitled to receive a pro-rata portion of the funds from the trust account with respect
to the ordinary shares underlying this certificate only in the event that (i) the Corporation is forced to liquidate because it
does not consummate an initial business combination within the period of time set forth in the Corporation’s Amended and
Restated Memorandum and Articles of Association, as the same may be amended from time to time (the “Charter”) or (ii)
if the holder seeks to convert his shares upon consummation of, or sell his shares in a tender offer in connection with, an initial
business combination or in connection with certain amendments to the Charter. In no other circumstances shall the holder(s) have
any right or interest of any kind in or to the trust account.