Fortinbras Enterprises Holdings LLC - Jul 1, 2021 Form 4 Insider Report for Osiris Acquisition Corp. (OSI)

Role
10%+ Owner
Signature
/s/ See Signatures Included in Exhibit 99.1
Stock symbol
OSI
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
4
Date filed
7/1/2021, 04:43 PM
Previous filing
May 18, 2021
Next filing
Apr 22, 2022

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 -697K -13.5% 4.47M Jul 1, 2021 Class A Common Stock, par value $0.0001 per share 697K See footnote F1, F2, F3
* 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, Osiris Sponsor, LLC forfeited at no cost 697,125 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.
F3 Osiris Sponsor, LLC is a Delaware limited liability company managed by Fortinbras SPAC Holdings LLC, a Delaware limited liability company. Fortinbras SPAC Holdings LLC is managed by Fortinbras Enterprises LP, a Delaware limited partnership (?Fortinbras Enterprises?). Fortinbras Enterprises Holdings LLC, a Delaware limited liability company (?HoldCo?) serves as the general partner of Fortinbras Enterprises. Benjamin E. Black is the sole member of HoldCo and as such may be deemed to have voting and dispositive control of the shares of our common stock held of record by the Sponsor.