Michael Tiedemann - Jun 7, 2023 Form 4 Insider Report for AlTi Global, Inc. (ALTI)

Role
Chief Executive Officer, Director
Signature
/s/ Kevin Moran, Attorney-in-fact
Stock symbol
ALTI
Transactions as of
Jun 7, 2023
Transactions value $
$0
Form type
4
Date filed
6/9/2023, 05:16 PM
Previous filing
Jun 2, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTI Class A Common Stock Award +146K 146K Jun 7, 2023 Direct F1, F2
transaction ALTI Class A Common Stock Award +63.3K 63.3K Jun 7, 2023 See Footnotes F1, F2
transaction ALTI Class A Common Stock Award +17K 17K Jun 7, 2023 See Footnotes F1, F2
transaction ALTI Class A Common Stock Award +42.9K 42.9K Jun 7, 2023 See Footnotes F1, F2

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 Warrant Disposed to Issuer -585K -100% 0 Jun 7, 2023 Class A Common Stock 585K Direct F1, F2, F3
transaction ALTI Warrant Disposed to Issuer -253K -100% 0 Jun 7, 2023 Class A Common Stock 253K See Footnotes F1, F2, F3
transaction ALTI Warrant Disposed to Issuer -67.9K -100% 0 Jun 7, 2023 Class A Common Stock 67.9K See Footnotes F1, F2, F3
transaction ALTI Warrant Disposed to Issuer -172K -100% 0 Jun 7, 2023 Class A Common Stock 172K See Footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 7, 2023, pursuant to the Issuer's previously announced exchange offer, the reporting person exchanged 1,078,094 private placement warrants, consisting of (i) 585,198 warrants held by the reporting person, (ii) 253,307 warrants held by the Michael Glenn Tiedemann 2012 Delaware Trust ("MGT 2012 DE Trust") over which securities the reporting person has investment discretion, (iii) 67,917 warrants 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; and (iv) 171,672 warrants 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., which previously entitled the reporting persons to purchase one share of Class A Common Stock, par value $0.0001 per share, of the Issuer ("Class A Common Stock") per warrant at a price of $11.50 per share,
F2 (Continued from Footnote 1) for an aggregate amount of 269,522 shares of Class A Common Stock, including (i) 146,299 shares of Class A Common Stock for the reporting person; (ii) 63,326 shares of Class A Common Stock for MGT 2012 DE Trust; (iii) 16,979 shares of Class A Common Stock for CHT Fam Tst Ar 3rd fbo MGT; and (iv) 42,918 shares of Class A Common Stock for Chauncey Close, LLC. The reporting person disclaims beneficial ownership of the securities held by the MGT 2012 DE Trust, the CHT Fam Tst Ar 3rd fbo MGT and Chauncey Close, LLC, except to the extent of any pecuniary interest the reporting person may have therein.
F3 The warrants became exercisable on February 2, 2023, and will expire on February 2, 2028 or earlier upon redemption or liquidation.