Michael Tiedemann - Jan 3, 2023 Form 3 Insider Report for Alvarium Tiedemann Holdings, Inc. (ALTI)

Role
Chief Executive Officer, Director
Signature
/s/ Christine Zhao, Attorney-in-fact
Stock symbol
ALTI
Transactions as of
Jan 3, 2023
Transactions value $
$0
Form type
3
Date filed
1/13/2023, 04:14 PM
Next filing
Jun 2, 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
holding ALTI Class B Common Stock Jan 3, 2023 Class B Common Stock 5.07M $0.00 Direct F1
holding ALTI Class B Common Stock Jan 3, 2023 Class B Common Stock 2.5M $0.00 See Footnote F1, F2
holding ALTI Class B Common Stock Jan 3, 2023 Class B Common Stock 670K $0.00 See Footnote F1, F3
holding ALTI Class B Common Stock Jan 3, 2023 Class B Common Stock 1.69M $0.00 See Footnote F1, F4
holding ALTI Warrants to purchase Class A Common Stock Jan 3, 2023 Class A Common Stock 585K $11.50 Direct
holding ALTI Warrants to purchase Class A Common Stock Jan 3, 2023 Class A Common Stock 253K $11.50 See Footnote F2
holding ALTI Warrants to purchase Class A Common Stock Jan 3, 2023 Class A Common Stock 67.9K $11.50 See Footnote F3
holding ALTI Warrants to purchase Class A Common Stock Jan 3, 2023 Class A Common Stock 172K $11.50 See Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Class B Unit (a "Class B Unit") of Alvarium Tiedemann Capital, LLC ("Umbrella") is paired with a share of Class B Common Stock of the Issuer ("Class B Common Stock" and collectively, the "Paired Interests"). Pursuant to the Second Amended and Restated Limited Liability Agreement, dated as of January 3, 2023 (as amended form time to time, the "LLC Agreement"), of Umbrella, a Paired Interest is exchangeable at any time for a share of Class A Common Stock of the Issuer ("Class A Common Stock") on a one-for-one basis, subject to equitable adjustments for stock splits, stock dividends and reclassifications. As the holder exchanges the Paired Interests pursuant to the LLC Agreement, the shares of Class B Common Stock included in the Paired Interests will automatically be canceled and the Class B Common Units included in the Paired Interests shall be automatically transferred to the Issuer and converted into and become an equal number of Class A Common Units in Umbrella.
F2 Such securities are held by the Michael Glenn Tiedemann 2012 Delaware Trust ("MGT 2012 DE Trust") over which securities the reporting person has investment discretion. The reporting person disclaims beneficial ownership of the securities held by the MGT 2012 DE Trust, except to the extent of any pecuniary interest he may have therein.
F3 Such securities are held by the CHT Family Trust Article 3rd fbo Michael G. Tiedemann ("CHT Fam Tst Ar 3rd fbo MGT") over which securities the reporting person has investment discretion. The reporting person disclaims beneficial ownership of the securities held by the CHT Fam Tst Ar 3rd fbo MGT, except to the extent of any pecuniary interest he may have therein.
F4 Such securities are held by Chauncey Close, LLC, over which securities the reporting person may be deemed to have beneficial ownership by virtue of being the managing member of Chauncey Close, LLC. The reporting person disclaims beneficial ownership of the securities held by Chauncey Close, LLC, except to the extent of any pecuniary interest he may have therein.

Remarks:

Exhibit 24 Power of Attorney filed herewith.