Joel Motley - Jun 21, 2024 Form 4 Insider Report for Blue Ocean Acquisition Corp (BOCN)

Role
Director
Signature
/s/ Stuart Karle, Attorney-in-Fact for Joel Motley
Stock symbol
BOCN
Transactions as of
Jun 21, 2024
Transactions value $
$0
Form type
4
Date filed
6/25/2024, 04:26 PM
Previous filing
Dec 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOCN Class A Ordinary Shares Conversion of derivative security +30K 30K Jun 21, 2024 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 BOCN Class B Ordinary Shares Conversion of derivative security $0 -30K -100% $0.00* 0 Jun 21, 2024 Class A Ordinary Shares 30K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 29, 2023, shareholders of the Issuer approved a proposal to amend the Issuer's articles of association to permit holders of the Issuer's Class B ordinary shares to convert such holder's Class B ordinary shares into Class A ordinary shares on a one-for-one basis at any time and from time to time prior to the closing of an initial business combination at the election of the holder. On June 21, 2024, the Reporting Person exercised his right to convert his Class B ordinary shares into Class A ordinary shares.