Jpmorgan Chase & Co - Jan 24, 2023 Form 3 Insider Report for Bridger Aerospace Group Holdings, Inc. (BAER)

Role: 10%+ Owner
Signature: JPMorgan Chase & Co., By: /s/ Michael Lees, Name: Michael Lees, Title: Executive Director
Stock symbol: BAER
Transactions as of: Jan 24, 2023
Transactions value $: $0
Form type: 3
Date filed: 4/3/2023, 04:30 PM
Previous filing: Aug 16, 2022
Next filing: Apr 25, 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	BAER	Series A Preferred Stock							Jan 24, 2023	Common Stock	19.5M		See footnote	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each share of Series A Preferred Stock is convertible, at the holder's election at any time, into such number of shares of Common Stock as is determined by dividing (x) the then current accrued liquidation preference of such shares (including any accrued and unpaid dividends since the most recent dividend payment date) by (y) a conversion price of $11.00 per share (or $9.00 per share if converted within 30 days following the closing of the Issuer's initial business combination), subject to specified adjustments as set forth in the Issuer's Certificate of Incorporation. No fractional securities will be issued upon conversion of a share of Series A Preferred Stock, and, in lieu of such fractional shares, the Issuer will pay cash equal to such fraction multiplied by the applicable conversion price.
F2	The securities reported herein are directly owned by JPMorgan Chase Funding Inc., a wholly owned subsidiary of JPMorgan Chase & Co. JPMorgan Chase & Co. disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, if any.

Content

Each share of Series A Preferred Stock is convertible, at the holder's election at any time, into such number of shares of Common Stock as is determined by dividing (x) the then current accrued liquidation preference of such shares (including any accrued and unpaid dividends since the most recent dividend payment date) by (y) a conversion price of $11.00 per share (or $9.00 per share if converted within 30 days following the closing of the Issuer's initial business combination), subject to specified adjustments as set forth in the Issuer's Certificate of Incorporation. No fractional securities will be issued upon conversion of a share of Series A Preferred Stock, and, in lieu of such fractional shares, the Issuer will pay cash equal to such fraction multiplied by the applicable conversion price.

The securities reported herein are directly owned by JPMorgan Chase Funding Inc., a wholly owned subsidiary of JPMorgan Chase & Co. JPMorgan Chase & Co. disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, if any.