Stephen P. Herbert - Aug 17, 2021 Form 4 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 17, 2021
Transactions value $
$4,595,000
Form type
4
Date filed
8/19/2021, 06:36 PM
Previous filing
Aug 13, 2021
Next filing
Oct 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AACI Common Stock Other $4.6M +460K +7.59% $10.00 6.52M Aug 17, 2021 See footnote 3 F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent shares of common stock acquired by Armada Sponsor LLC ("Sponsor") in a private placement that occurred simultaneously with the initial public offering of the Issuer.
F2 Represents 50,000 shares of common stock held by the reporting person directly and 6,467,000 shares of common stock held by the Sponsor.
F3 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.