Theresa Mock - Jun 30, 2021 Form 3 Insider Report for G3 VRM Acquisition Corp. (GGGV)

Role
Director
Signature
/s/ Theresa L. Mock
Stock symbol
GGGV
Transactions as of
Jun 30, 2021
Transactions value $
$0
Form type
3
Date filed
6/30/2021, 06:21 PM
Next filing
Feb 8, 2024

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
holding GGGV Class B Common Stock, par value $0.0001 per share Jun 30, 2021 Class A Common Stock, par value $0.0001 per share 20K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the Issuer's registration statement on Form S-1 (File No. 333-255226) under the heading "Description of Securities--Founder Shares and Private Placement Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, or at any time prior thereto at the option of the holder, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
F2 These shares will be forfeited if Ms. Mock does not remain on the Board of Directors through the date of the Company's initial business combination.