Stephen P. Herbert - Oct 1, 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
Oct 1, 2021
Transactions value $
$0
Form type
4
Date filed
10/4/2021, 05:02 PM
Previous filing
Aug 19, 2021
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AACI Common Stock Other $0 -1.13M -17.26% $0.00 5.39M Oct 1, 2021 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 contemplated in connection with the initial public offering of the Issuer, 1,125,000 shares of common stock, par value $0.0001 per share, of the Issuer (the "Common Stock") were forfeited by Armada Sponsor LLC (the "Sponsor") to the Issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised.
F2 Represents 50,000 shares of common stock held by the reporting person directly and 5,342,000 shares of Common Stock held by the Sponsor.
F3 Stephen P. Herbert and Douglas M. Lurio are managing members of the Sponsor and each of them may be deemed to hold beneficial ownership of the shares of Common Stock held directly by the Sponsor. Each of Stephen P. Herbert and Douglas M. Lurio disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.