Michael V. Abt - Jul 1, 2021 Form 4 Insider Report for Osiris Acquisition Corp. (OSI)

Role
Director, Chairman
Signature
/s/ Michael V. Abt
Stock symbol
OSI
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
4
Date filed
7/1/2021, 04:41 PM
Previous filing
May 13, 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 OSI Class B Common Stock, par value $0.0001 per share Other -36K -13.04% 240K Jul 1, 2021 Class A Common Stock, par value $0.0001 per share 36K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the Issuer's registration statement on Form S-1 (File Nos. 333-254997) under the heading "Description of Securities - Founder Shares," the shares of Class B common stock are convertible into the Issuer's Class A common stock on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights. The shares of Class B common stock have no expiration date.
F2 On July 1, 2021, Mr. Michael Abt forfeited at no cost 36,000 shares of common stock, par value $0.0001 per share, in connection with the determination by the underwriters of the Issuer's public offering to forfeit the over-allotment option granted to them.