John M. Lawrie - Jan 30, 2023 Form 4 Insider Report for TLG Acquisition One Corp. (TLGA)

Signature
/s/ John Michael Lawrie
Stock symbol
TLGA
Transactions as of
Jan 30, 2023
Transactions value $
$0
Form type
4
Date filed
1/31/2023, 05:31 PM
Previous filing
Jan 19, 2022
Next filing
Aug 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
transaction TLGA Class F Common Stock, par value $0.0001 Other $0 -5M -50.71% $0.00 4.86M Jan 30, 2023 Class A Common Stock, par value $0.0001 5M See Footnotes F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class F Common Stock of the Issuer ("Class F Common Stock") are convertible into shares of Class A Common Stock of the Issuer as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-252032). The shares of Class F Common Stock have no expiration date.
F2 On January 30, 2023, TLG Acquisition Founder LLC (the "Sponsor") forfeited and surrendered for no consideration 5,000,000 shares of Class F Common Stock pursuant to the terms of the Sponsor Agreement, dated November 13, 2022, by and among the Issuer, the Sponsor, TLG Fund I, LP ("TLG Fund I"), Electriq Power, Inc. and the other parties thereto.
F3 Represents 4,360,869 shares of Class F Common Stock held by the Sponsor and 500,000 shares of Class F Common Stock held by TLG Fund I. The reporting person is the manager of the Sponsor and has sole voting and dispositive power over the shares held by the Sponsor. The reporting person is the manager of the general partner of TLG Fund I, who has sole voting and dispositive power over the shares held by TLG Fund I.
F4 The reporting person disclaims beneficial ownership of all of the securities that are or may be beneficially owned by the Sponsor, TLG Fund I or any of their respective affiliates except to the extent of his pecuniary interest therein. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities of the Issuer for purposes of Section 16 of the Exchange Act or otherwise.