Pangaea Three-B, LP - Dec 16, 2022 Form 4 Insider Report for Cartesian Growth Corp (ALTI)

Role: 10%+ Owner
Signature: /s/ Adam Namoury, Attorney-in-Fact
Stock symbol: ALTI
Transactions as of: Dec 16, 2022
Transactions value $: $288,372
Form type: 4
Date filed: 12/20/2022, 08:00 PM
Previous filing: Nov 25, 2022
Next filing: Dec 23, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALTI	Class A ordinary shares	Purchase	$10.2K	+1.02K	+1.18%	$10.00	87.2K	Dec 19, 2022	Direct	F1
transaction	ALTI	Class A ordinary shares	Purchase	$35.6K	+3.56K	+4.08%	$10.03	90.8K	Dec 20, 2022	Direct	F1

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	ALTI	Warrants	Purchase	$41.5K	+75.5K	+0.66%	$0.55^*	11.5M	Dec 16, 2022	Class A Ordinary Shares	75.5K	$11.50	Direct	F1, F2, F3
transaction	ALTI	Warrants	Purchase	$65.8K	+115K	+1.01%	$0.57^*	11.6M	Dec 19, 2022	Class A ordinary shares	115K	$11.50	Direct	F1, F2, F3
transaction	ALTI	Warrants	Purchase	$135K	+215K	+1.86%	$0.63^*	11.8M	Dec 20, 2022	Class A ordinary shares	215K	$11.50	Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents securities held by Pangaea Three-B, LP. Pangaea Three-B, LP is controlled by Peter Yu, the Issuer's Chairman and Chief Executive Officer. Consequently, Mr. Yu may be deemed to share voting and dispositive control over the securities held by Pangaea Three-B, LP, and thus to share beneficial ownership of such securities. Mr. Yu disclaims beneficial ownership of the securities held by Pangaea Three-B, LP, except to the extent of his pecuniary interest therein.
F2	Each warrant becomes exercisable on the later of one year after the closing of the Company's initial public offering or 30 days after the completion of an initial business combination, as described in the Issuer's prospectus filed with the SEC.
F3	The warrants expire five years after the completion of an initial business combination, or earlier upon redemption or liquidation, as described in the Issuer's prospectus filed with the SEC.