TortoiseEcofin Sponsor III LLC - Sep 8, 2023 Form 4 Insider Report for TortoiseEcofin Acquisition Corp. III (TRTL)

Role
10%+ Owner
Signature
/s/ Thomas D. Hennessy, as the general partner of Hennessy Capital Growth Partners Fund I, LP, as the managing member of Hennessy Capital Growth Partners Fund I SPV V, LLC, as the managing member of TortoiseEcofin Sponsor III LLC
Stock symbol
TRTL
Transactions as of
Sep 8, 2023
Transactions value $
$0
Form type
4
Date filed
9/12/2023, 04:29 PM
Previous filing
Jul 22, 2021

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 TRTL Class B Ordinary Shares Other $0 +60K +0.88% $0.00 6.92M Sep 8, 2023 Class A Ordinary Shares 60K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B Ordinary Shares are automatically convertible into the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date.
F2 Pursuant to certain share transfer agreements, the shares were assigned by former directors of the Issuer to the reporting persons for no consideration.
F3 The reporting persons are the record holder of the Class B ordinary shares reported herein. Hennessy Capital Growth Partners Fund I SPV V, LLC is the managing member of TortoiseEcofin Sponsor III LLC. Hennessy Capital Growth Partners Fund I, LP is the managing member of Hennessy Capital Growth Partners Fund I SPV V, LLC, and Thomas D. Hennessy is the general partner of Hennessy Capital Growth Partners Fund I, LP. Accordingly, Hennessy Capital Growth Partners Fund I SPV V, LLC, Hennessy Capital Growth Partners Fund I, LP and Thomas D. Hennessy may be deemed to have or share beneficial ownership of the Class B ordinary shares held directly by the reporting persons. The reporting persons disclaim beneficial ownership over any securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.