James H. Simmons III - May 27, 2022 Form 4 Insider Report for Global Business Travel Group, Inc. (GBTG)

Role
Director
Signature
/s/ James Crossen, as attorney-in-fact for James H. Simmons, III
Stock symbol
GBTG
Transactions as of
May 27, 2022
Transactions value $
$0
Form type
4
Date filed
5/27/2022, 04:17 PM
Previous filing
May 3, 2022
Next filing
May 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GBTG Class A Common Stock Other +25K 25K May 27, 2022 Direct F2

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 GBTG Class B Ordinary Shares, par value $0.00005 Other -25K -100% 0 May 27, 2022 Class A Ordinary Shares Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

James H. Simmons III is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Prior to the Business Combination (as defined below), the Class B ordinary shares were convertible into Class A ordinary shares on a one-for-one basis (subject to certain anti-dilution adjustments) and had no expiration date.
F2 As described in the registration statement on Form S-4 (File No. 333-261820) of Apollo Strategic Growth Capital ("APSG"), now known as Global Business Travel Group, Inc. ("GBT"), the Class B ordinary shares of APSG held by the reporting person automatically converted into an equal number of shares of Class X common stock of GBT upon APSG's domestication into a Delaware corporation and immediately thereafter automatically converted into an equal number of shares of Class A common stock of GBT upon the closing of the business combination with GBT JerseyCo Limited (the "Business Combination").

Remarks:

As a result of the Business Combination, the reporting person has ceased to be a director of the Issuer.