Zainabu Oke - Jul 31, 2023 Form 4 Insider Report for Electriq Power Holdings, Inc. (ELIQ)

Role
Director
Signature
/s/ Gerald M. Spedale, as attorney-in-fact
Stock symbol
ELIQ
Transactions as of
Jul 31, 2023
Transactions value $
$0
Form type
4
Date filed
8/2/2023, 09:06 PM
Previous filing
Jan 19, 2022
Next filing
Aug 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELIQ Class A Common Stock Conversion of derivative security $0 +23.2K $0.00 23.2K Jul 31, 2023 Direct 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 ELIQ Class F Common Stock Conversion of derivative security $0 -23.2K -50% $0.00 23.2K Jul 31, 2023 Class A Common Stock 23.2K Direct F1, F2
* 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") were convertible into shares of Class A Common Stock of the Issuer ("Class A Common Stock") as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-252032) and the shares of Class F Common Stock had no expiration date.
F2 The Issuer consummated its initial Business Combination on July 31, 2023, whereby, among other things, the shares of Class F Common Stock converted into shares of Class A Common Stock.