First Light Acquisition Group, LLC - Sep 12, 2022 Form 4 Insider Report for First Light Acquisition Group, Inc. (FLAG)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ William J. Weber
Stock symbol
FLAG
Transactions as of
Sep 12, 2022
Transactions value $
-$490,000
Form type
4
Date filed
9/14/2022, 08:12 PM
Next filing
Sep 14, 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 FLAG Class B Common Stock, par value $0.0001 per share Sale -$450K -450K -13.54% $1.00* 2.87M Sep 12, 2022 Class A Common Stock, par value $0.0001 per share 450K See notes F1, F2, F3, F4, F5, F6
transaction FLAG Class B Common Stock, par value $0.0001 per share Sale -$40K -400K -13.44% $0.10* 2.58M Sep 13, 2022 Class A Common Stock, par value $0.0001 per share 400K See notes F1, F2, F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

First Light Acquisition Group, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This Form 4 is being filed by First Light Acquisition Group, LLC ("Sponsor"), FLAG Sponsor Manager, LLC, a Delaware limited liability Company ("Manager LLC"), and William J. Weber (collectively, the "Reporting Persons").
F2 Pursuant to the Amended and Restated Certificate of Incorporation of the Issuer, the shares of Class B Common Stock have no expiration date and will automatically convert into shares of Class A Common Stock, par value $0.0001 per share, at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment.
F3 Represents the sale of shares of Class B Common Stock by Sponsor, in privately negotiated transactions.
F4 The manager of Sponsor is FLAG Sponsor Manager, LLC ("Manager LLC"). William J. Weber is the sole member of Manager LLC.
F5 Because of the relationship among the Reporting Persons, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.
F6 Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.