Trajectory Alpha Sponsor LLC - Dec 14, 2021 Form 4 Insider Report for Trajectory Alpha Acquisition Corp. (TCOA)

Role
10%+ Owner
Signature
/s/ See Signatures Included in Exhibit 99.1
Stock symbol
TCOA
Transactions as of
Dec 14, 2021
Transactions value $
$0
Form type
4
Date filed
12/16/2021, 04:28 PM
Previous filing
Dec 9, 2021
Next filing
Jun 6, 2023

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 TCOA Class B Common Stock Other $0 -1.73M -41.17% $0.00 2.48M Dec 14, 2021 Class A Common Stock 1.73M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares of Trajectory Alpha Acquisition Corp. (the "Issuer") are directly held by Trajectory Alpha Sponsor LLC (the "Sponsor"). The Issuer's shares of Class B common stock, par value $0.0001 per share, are convertible for the Issuer's shares of Class A common stock, par value $0.0001 per share, as described in the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-253967) and have no expiration date.
F2 Immediately prior to the closing of the Issuer's initial public offering, the Sponsor forfeited to the Issuer 1,732,036 shares of Class B common stock.
F3 The Sponsor is the record holder of such shares of Class B common stock. Mr. Bordes, Mr. Frankel and Mr. Sethi are the members of the Sponsor and share voting and investment discretion with respect to the shares of Class B common stock held of record by the Sponsor. In addition, each of Mr. Bordes, Mr. Frankel and Mr. Sethi may be entitled to distributions of private placement warrants from the Sponsor following the consummation of the initial business combination. Each of Mr. Bordes, Mr. Frankel and Mr. Sethi disclaims any beneficial ownership of the securities held by the Sponsor, other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Remarks:

Peter Bordes is the Executive Chairman and Chief Executive Officer of the Issuer. Michael E.S. Frankel is the President and Chief Financial Officer of the Issuer.