Nathan Asplund - Nov 10, 2021 Form 3 Insider Report for INTEGRATED RAIL & RESOURCES ACQUISITION CORP (IRRX)

Role
Director
Signature
/s/ Nathan Asplund
Stock symbol
IRRX
Transactions as of
Nov 10, 2021
Transactions value $
$0
Form type
3
Date filed
11/10/2021, 03:41 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
holding IRRX Class B Common Stock Nov 10, 2021 Class A Common Stock 25K 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 registrant's registration statement on Form S-1 (No. 333-256381) under the heading "Description of Securities - Founder Shares", the shares of Class B Common Stock will automatically convert into shares of Class A Common Stock at the time of the registrant's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date.
F2 These shares represent the shares of Class B Common Stock held by the reporting person acquired pursuant to a grant agreement between the reporting person and DHIP Natural Resources Investments, LLC.