Six4 Holdings, LLC - Aug 16, 2021 Form 4 Insider Report for Spire Global, Inc. (SPIR)

Role
Other*
Signature
/s/ Jack Pearlstein, as managing member of JIMI, LLC, which is the co-managing member of Six4 Holdings, LLC
Stock symbol
SPIR
Transactions as of
Aug 16, 2021
Transactions value $
$0
Form type
4
Date filed
8/18/2021, 08:41 PM

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 SPIR Class B Common Stock Other $0 -5.67M -100% $0.00* 0 Aug 16, 2021 Class A Common Stock 5.67M $0.00 Direct F1
transaction SPIR Private Placement Warrants Other $0 -6.6M -100% $0.00* 0 Aug 16, 2021 Class A Common Stock 6.6M $11.50 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Six4 Holdings, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On August 16, 2021, NavSight Holdings, Inc. consummated its business combination with Spire Global, Inc. (the "Closing"). In connection with the Closing, the issuer changed its legal name to Spire Global, Inc.(the "Issuer"). Immediately prior to the Closing, Six4 Holdings, LLC transferred the shares and Private Placement Warrants it acquired in connection with the Issuer's initial public offering to Robert Coleman and Jack Pearlstein for no consideration.
F2 Each warrant, which was initially transferred at a price of $1.00 per warrant, is exercisable for one share of Class A common stock at an exercise price of $11.50 per share, subject to certain adjustments. The Private Placement Warrants are not redeemable by the Issuer and may not, subject to certain limited exceptions, be exercised until 30 days after the Closing. The Private Placement Warrants will expire upon the fifth anniversary of the Closing, at 5:00pm New York City time, or earlier upon redemption or liquidation.

Remarks:

On August 16, 2021, NavSight Holdings, Inc. consummated its business combination with Spire Global, Inc. (the "Closing"). In connection with the Closing, the issuer changed its legal name to Spire Global, Inc.(the "Issuer"). Immediately prior to the Closing, Six4 Holdings, LLC transferred the shares and Private Placement Warrants it acquired in connection with the Issuer's initial public offering to Robert Coleman and Jack Pearlstein for no consideration.