Cornelius Boersch - Mar 8, 2024 Form 4 Insider Report for Mountain & Co. I Acquisition Corp. (MCAAU)

Signature
/s/ Dr. Cornelius Boersch
Stock symbol
MCAAU
Transactions as of
Mar 8, 2024
Transactions value $
$0
Form type
4
Date filed
3/8/2024, 06:11 PM
Previous filing
Nov 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCAAU Class A ordinary shares Conversion of derivative security +4.93M 4.93M Mar 8, 2024 By Mountain & Co. I Sponsor LLC F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MCAAU Class B ordinary shares Conversion of derivative security $0 +4.93M $0.00 150K Mar 8, 2024 Class A ordinary shares 4.93M By Mountain & Co. I Sponsor LLC F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Converted on a one-for-one basis. Each Class B Ordinary Share will automatically convert into Class A Ordinary Shares at the time of the Issuer's initial business combination or earlier at the option of the reporting person as described in the section entitled "Description of Securities" of the Issuer's registration statement on Form S-1 (Reg. No. 333-259034).
F2 The reporting person is the controlling shareholder of Mountain & Co. I Sponsor LLC via his direct holdings and the holdings of two entities (of which the reporting is the controlling shareholder), Mountain Partners AG and Conny & Co. Advisory AG. Therefore, the reporting person may be deemed to have indirect beneficial ownership of the shares held by Mountain & Co. I Sponsor LLC.
F3 The reporting person directly owns additional 20,000 Class B ordinary shares.