Global Technology Acquisition I Sponsor LP - Dec 5, 2021 Form 4 Insider Report for Global Technology Acquisition Corp. I (GTAC)

Role
10%+ Owner
Signature
Global Technology Acquisition I Sponsor LP By: Global Technology Acquisition I Sponsor GP Ltd. Its: general partner By: /s/ Claudia Gast, Director
Stock symbol
GTAC
Transactions as of
Dec 5, 2021
Transactions value $
$0
Form type
4
Date filed
12/7/2021, 05:29 PM
Previous filing
Oct 20, 2021
Next filing
Nov 27, 2023

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 GTAC Class B Ordinary Shares Other -31.3K -0.64% 4.88M Dec 5, 2021 Class A Ordinary Shares 31.3K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B Ordinary Shares will automatically convert into shares of Class A Ordinary Shares at the time of our initial business combination or earlier at the option of the holders thereof, on a one-for-one basis, subject to adjustment. The shares have no expiration date.
F2 This Form 4 reflects the automatic surrender to the Issuer of 31,250 of the Issuer's shares of Class B ordinary shares, for no consideration by the Reporting Person pursuant to contractual arrangements with the Issuer, triggered by the expiration of the option of the underwriter of the Issuer's initial public offering to purchase additional units.
F3 Global Technology Acquisition I Sponsor LP ("Sponsor") is the record holder of the shares reported herein. The general partner of Sponsor is Global Technology Acquisition I Sponsor GP Ltd ("GP"), and GP has voting and investment discretion with respect to the ordinary shares held of record by Sponsor. GP is governed by a board of directors consisting of four managers: Arnau Porto, Fabrice Grinda, Glaudia Gast and Jeffrey Weinstein (the "Directors") and the approval of a majority of the Directors is required to approve any action. Each of the Directors disclaims beneficial ownership of the securities held of record by Sponsor.