WCAC1 Sponsor LLC - Aug 19, 2021 Form 3 Insider Report for Waverley Capital Acquisition Corp. 1 (WAVC)

Role
10%+ Owner
Signature
/s/ Daniel V. Leff, as Authorized Person
Stock symbol
WAVC
Transactions as of
Aug 19, 2021
Transactions value $
$0
Form type
3
Date filed
8/19/2021, 09:23 PM
Next filing
Oct 7, 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
holding WAVC Class B Ordinary Shares Aug 19, 2021 Class A Ordinary Shares 5.53M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer's Class B ordinary shares, par value $0.0001 per share (the "Class B Ordinary Shares"), are convertible for the Issuer's Class A ordinary shares, par value $0.0001 per share, as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-254842) (the "Registration Statement") and have no expiration date.
F2 The Class B Ordinary Shares owned by the reporting person include up to 750,000 Class B Ordinary Shares that are subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised as described in the Registration Statement.