Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SBIG | Class B ordinary shares | Other | +40K | +0.82% | 4.91M | May 19, 2021 | Class A Common Stock | 40K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | As described in the issuer's registration statement on Form S-1 (File No. 333-252484) (the "Registration Statement") under the heading "Description of Securities - Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares on a one-for-one basis concurrently with or immediately following the consummation of the issuer's initial business combination, subject to adjustment as described in the Registration Statement. The Class B ordinary shares have no expiration date. |
F2 | Reflects the transfer of 40,000 Class B ordinary shares to the reporting person for no consideration in connection with the forfeiture of such Class B ordinary shares by a former member of the issuer's board of directors. |