Jonathan Silver - Aug 10, 2021 Form 4 Insider Report for PERIDOT ACQUISITION CORP. (PDAC)

Role
Director
Signature
/s/ Markus Specks, as Attorney-in-Fact for Jonathan Silver
Stock symbol
PDAC
Transactions as of
Aug 10, 2021
Transactions value $
$0
Form type
4
Date filed
8/12/2021, 04:53 PM
Previous filing
May 25, 2021

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 PDAC Class B Ordinary Shares Conversion of derivative security -30K -100% 0 Aug 10, 2021 Class A Ordinary Shares 30K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jonathan Silver is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As described in the issuer's registration statement on Form S-1 (File No. 333-248608) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001 per share, automatically convert into Class A common shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2 (Continued from Footnote 1) On August 10, 2021, the issuer consummated its initial business combination (the "Business Combination") with Li-Cycle Holdings Corp., an Ontario corporation. The Reporting Person, through a series of transactions consummated pursuant to the Business Combination, converted all of its Class B ordinary shares for 30,000 fully paid and non-assessable common shares of Li-Cycle Holdings Corp.