TLGY Sponsors LLC - Nov 30, 2021 Form 3 Insider Report for TLGY Acquisition Corp (TLGY)

Role
10%+ Owner
Signature
/s/ Jin-Goon Kim
Stock symbol
TLGY
Transactions as of
Nov 30, 2021
Transactions value $
$0
Form type
3
Date filed
11/30/2021, 08:50 PM
Next filing
Dec 6, 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
holding TLGY Class B Ordinary Shares Nov 30, 2021 Class A Ordinary Shares 5.03M 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. 333-260242), as amended, under the heading "Description of Securities-Founder Shares," the Class B ordinary shares, par value $0.0001 per share, of the issuer will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of, or immediately following, the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments, and have no expiration date.
F2 The Class B ordinary shares beneficially owned by the Reporting Person include (i) up to 656,250 Class B ordinary shares that are subject to forfeiture to the extent the underwriters of the initial public offering ("IPO") of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement; (ii) 236,486 Class B ordinary shares to be transferred to Mizuho Securities USA LLC concurrent with the closing of the IPO; (iii) 15,000 Class B ordinary shares to be transferred to Centaury Management Ltd. concurrent with the closing of the IPO; and (iv) 30,000 Class B ordinary shares to be transferred to each of the issuer's independent directors, Shrijay Vijayan, Donghyun Han and Hyunchan Cho, concurrent with the closing of the IPO.

Remarks:

Jin-Goon Kim is the manager of TLGY Holdings LLC, which is the manager of TLGY Sponsors LLC.