WCAC1 Sponsor LLC - 05 Oct 2021 Form 4 Insider Report for Waverley Capital Acquisition Corp. 1

Role
10%+ Owner
Signature
/s/ Daniel V. Leff, as Authorized Person
Issuer symbol
N/A
Transactions as of
05 Oct 2021
Net transactions value
$0
Form type
4
Filing time
07 Oct 2021, 19:52:47 UTC
Previous filing
19 Aug 2021
SEC
View on sec.gov

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 WAVC Class B Ordinary Shares Other $0 -378,240 -6.6% $0.000000 5,371,760 05 Oct 2021 Class A Ordinary Shares 378,240 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 On October 5, 2021, WCAC1 Sponsor LLC forfeited at no cost 378,240 Class B Ordinary Shares, in connection with the expiration of the underwriters' 45-day over-allotment option to purchase up to an additional 3,000,000 Units.