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

Role: 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, 04:27 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	3.81M	$0.00	Direct	F1, F2
holding	ALTI	Warrants to purchase Class A Common Stock							Jan 3, 2023	Class A Common Stock	456K	$11.50	Direct

* 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	Does not include 440,547 shares of Class B Common Stock held by Chauncey Close, LLC, in which the reporting person has a pecuniary interest. The reporting person disclaims beneficial ownership of the shares of Class B Common Stock held by Chauncey Close, LLC, except to the extent of any pecuniary interest he may have therein.

Content

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.

Does not include 440,547 shares of Class B Common Stock held by Chauncey Close, LLC, in which the reporting person has a pecuniary interest. The reporting person disclaims beneficial ownership of the shares of Class B Common Stock 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.