Craig Lindsay Smith - 11 Mar 2024 Form 4 Insider Report for AlTi Global, Inc. (ALTI)

Role
Chair of Global Wealth Management, Director
Signature
/s/Colleen Graham, attorney in fact
Issuer symbol
ALTI
Transactions as of
11 Mar 2024
Net transactions value
-$535,817
Form type
4
Filing time
04 Apr 2024, 19:49:01 UTC
Previous filing
21 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTI Class A Common Stock Options Exercise $0 +75,000 +111% $0.000000 142,362 11 Mar 2024 Direct F1
transaction ALTI Class A Common Stock Disposed to Issuer $535,817 -106,102 -75% $5.05 36,260 02 Apr 2024 Direct

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 ALTI Class B Common Stock Options Exercise $0 -75,000 -3.5% $0.000000 2,072,165 11 Mar 2024 Class A Common Stock 75,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Class B Unit (a "Class B Unit") of AlTi Global Capital, LLC ("Umbrella") is paired with a share of Class B Common Stock of the Issuer ("Class B Common Stock", and together with a Class B Unit, a "Paired Interest"). Pursuant to the Third Amended and Restated Limited Liability Agreement, dated as of July 31, 2023 (as amended from time to time, the "LLC Agreement"), of Umbrella, a Paired Interest is exchangeable at any time for a share of Class A Common Stock of the Issuer ("Class A Common Stock") on a one-for-one basis, subject to equitable adjustments for stock splits, stock dividends and reclassifications. As the holder exchanges the Paired Interests pursuant to the LLC Agreement, the shares of Class B Common Stock included in the Paired Interests will automatically be canceled and the Class B Common Units included in the Paired Interests shall be automatically transferred to the Issuer and converted into and become an equal number of Class A Common Units in Umbrella.

Remarks:

Chair of Global Wealth Management