Robert E. Willis - 18 Jul 2023 Form 4 Insider Report for Tristar Acquisition I Corp.

Role: Director
Signature: /s/ Robert Willis
Issuer symbol: N/A
Transactions as of: 18 Jul 2023
Net transactions value: $0
Form type: 4
Filing time: 02 Aug 2023, 06:08:01 UTC
Previous filing: 27 Apr 2022
SEC: View on sec.gov

Quoteable Key Fact

"Robert E. Willis filed Form 4 for Tristar Acquisition I Corp. on 02 Aug 2023."

Quick Takeaways

This page summarizes Robert E. Willis's Form 4 filing for Tristar Acquisition I Corp..
1 reported transaction and 1 derivative row are listed below.
Filing timestamp: 02 Aug 2023, 06:08.

What Changed

Previous filing in this sequence was filed on 27 Apr 2022.
Current net transaction value: $0.

Why This Matters

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

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	TRIS	Class B Ordinary Shares	Other	$0	-19,250	-77%	$0.000000	5,750	18 Jul 2023	Class A Ordinary Shares	19,250		Direct	F1, F2

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

Robert E. Willis is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	As described in the Issuer's registration statement on Form S-1 (File No. 333-255009), the Class B ordinary shares will automatically convert into Class A ordinary shares (a) automatically at the time of the registrant's initial business combination and (b) at any time and from time to time at the option of the holders thereof. Such conversion will be on a one-for-one basis, subject to adjustment as described therein, and the Class B ordinary shares have no expiration date.
F2	These shares were sold pursuant to (i) a securities purchase agreement, dated as of July 18, 2023, by and between the Issuer, Tristar Holdings I LLC ("Prior Sponsor") and Navy Sail International Limited and (ii) founder share transfer agreements, each dated as of July 18, 2023, by and between Chunyi (Charlie) Hao and each holder of Class B ordinary shares other than Prior Sponsor.

Content

As described in the Issuer's registration statement on Form S-1 (File No. 333-255009), the Class B ordinary shares will automatically convert into Class A ordinary shares (a) automatically at the time of the registrant's initial business combination and (b) at any time and from time to time at the option of the holders thereof. Such conversion will be on a one-for-one basis, subject to adjustment as described therein, and the Class B ordinary shares have no expiration date.

These shares were sold pursuant to (i) a securities purchase agreement, dated as of July 18, 2023, by and between the Issuer, Tristar Holdings I LLC ("Prior Sponsor") and Navy Sail International Limited and (ii) founder share transfer agreements, each dated as of July 18, 2023, by and between Chunyi (Charlie) Hao and each holder of Class B ordinary shares other than Prior Sponsor.