Stephen P. Herbert - Aug 12, 2021 Form 3 Insider Report for Armada Acquisition Corp. I (AACI)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Stephen P. Herbert
Stock symbol
AACI
Transactions as of
Aug 12, 2021
Transactions value $
$0
Form type
3
Date filed
8/13/2021, 01:46 PM
Next filing
Aug 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AACI Common Stock 6.01M Aug 12, 2021 See footnote F1, F2
holding AACI Common Stock 50K Aug 12, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent the common stock held by Armada Sponsor LLC (the "Sponsor"), acquired pursuant to subscription agreements by and between the Sponsor and the registrant. The common stock owned by the Sponsor includes up to 1,125,000 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the registrant's securities do not exercise in full their over-allotment option as described in the registrant's registration statement.
F2 As a managing member of the Sponsor, the reporting person may be deemed to share beneficial ownership of the shares of common stock held directly by the Sponsor, and disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F3 These shares represent common stock transferred from the Sponsor to the reporting person on June 17, 2021, in consideration for services to be rendered as an officer of the issuer.