Roy Kuan - 16 Aug 2021 Form 4 Insider Report for Generation Asia I Acquisition Ltd

Role: Chief Executive Officer, Director
Signature: /s/ Roy Kuan
Issuer symbol: N/A
Transactions as of: 16 Aug 2021
Net transactions value: -$14,072
Form type: 4
Filing time: 26 Jan 2022, 07:57:20 UTC
Next filing: 20 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GAQ	Class B ordinary shares	Disposed to Issuer	$0	-1,437,500	-20%	$0.000000	5,750,000	16 Aug 2021	See footnote	F1, F2, F3
transaction	GAQ	Class B ordinary shares	Other	$0	-825,000	-14%	$0.000000	4,925,000	23 Aug 2021	See footnote	F1, F2, F4
transaction	GAQ	Class B ordinary shares	Award	$138	+1,375,000	+28%	$0.000100^*	6,300,000	23 Aug 2021	See footnote	F1, F2, F5
transaction	GAQ	Class B ordinary shares	Disposed to Issuer	$0	-375,000	-6%	$0.000000	5,925,000	20 Oct 2021	See footnote	F1, F2, F3
transaction	GAQ	Class B ordinary shares	Award	$62.5	+625,000	+11%	$0.000100^*	6,550,000	21 Oct 2021	See footnote	F1, F2, F5
transaction	GAQ	Class B ordinary shares	Other	$14,272	-1,427,250	-22%	$0.0100^*	5,122,750	24 Jan 2022	See footnote	F1, F2, F6

* 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 Class A ordinary shares concurrently with or immediately following the consummation of the initial business combination of Generation Asia I Acquisition Limited (the "Issuer") on a one-for-one basis, subject to adjustment, as described in the section entitled "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-260431) (the "Registration Statement").
F2	Reflects shares of the Issuer held of record by Generation Asia LLC (the "Sponsor"). The reporting person is the managing member of the Sponsor. The reporting person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein. The filing of this form shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the reporting person is the beneficial owner of any securities reported herein.
F3	Represents forfeiture of Class B ordinary shares by the Sponsor to the Issuer.
F4	Represents a transfer of Class B ordinary shares by the Sponsor to certain forward purchasers for no cash consideration in connection with the Issuer entering into certain forward purchase agreements.
F5	Represents transfers of Class B ordinary shares by the Issuer to the Sponsor in connection with the Issuer entering into certain forward purchase agreements as described in the Registration Statement; such shares are subject to potential forfeiture by the Sponsor in connection with the Issuer's consummation of its initial business combination.
F6	Represents a transfer of Class B ordinary shares by the Sponsor to certain anchor investors pursuant to investment agreements entered into in connection with the Issuer's initial public offering as described in the Registration Statement. Under certain circumstances, a portion of the shares transferred must be transferred back to the Sponsor at a price of $0.01 per share.