Adeyemi Ajao - Aug 25, 2023 Form 4 Insider Report for Mobile Infrastructure Corp (BEEP)

Role
Former Director
Signature
/s/ Brendan Wallace, as Attorney-in-Fact for Adeyemi Ajao
Stock symbol
BEEP
Transactions as of
Aug 25, 2023
Transactions value $
$0
Form type
4
Date filed
8/25/2023, 06:22 PM
Previous filing
May 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BEEP Common Stock Conversion of derivative security $0 +30K $0.00 30K Aug 25, 2023 Direct F1

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 BEEP Class B Ordinary Shares Conversion of derivative security $0 -30K -100% $0.00* 0 Aug 25, 2023 Class A Ordinary Shares 30K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Adeyemi Ajao is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Issuer's Class B Ordinary Shares are automatically convertible into shares of the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination or earlier at the option of the holders thereof, in either case on a one-for-one basis, subject to certain adjustments, and had no expiration date. The Issuer consummated its initial business combination on August 25, 2023, whereby, among other things, the Issuer's Class B Ordinary Shares converted into Class A Ordinary Shares which were redesignated as Common Stock.