Fortinbras Enterprises Holdings LLC - Apr 22, 2022 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
Apr 22, 2022
Transactions value $
$360
Form type
4
Date filed
4/22/2022, 05:56 PM
Previous filing
Jul 1, 2021
Next filing
Jun 8, 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 Purchase $360 +120K +2.69% $0.00* 4.59M Apr 22, 2022 Class A Common Stock, par value $0.0001 per share 120K 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 April 22, 2022, Osiris Sponsor, LLC (the "Sponsor") purchased an aggregate of 120,000 shares of Class B Common Stock from certain of the Issuer's existing independent directors, for a total amount of $417.39, or approximately $0.003 per share.
F3 The Sponsor 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. The reporting persons disclaim beneficial ownership of the Class B Common Stock, except to the extent of their pecuniary interest therein.