Tiedemann Michael - 11 Mar 2024 Form 4 Insider Report for AlTi Global, Inc. (ALTI)

Role
Chief Executive Officer, Director
Signature
/s/Colleen Graham, attorney in fact
Issuer symbol
ALTI
Transactions as of
11 Mar 2024
Net transactions value
$0
Form type
4
Filing time
04 Apr 2024, 20:04:37 UTC
Previous filing
21 Feb 2024
Next filing
20 May 2024
SEC
View on sec.gov

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Quoteable Key Fact

"Tiedemann Michael filed Form 4 for AlTi Global, Inc. (ALTI) on 04 Apr 2024."

Quick Takeaways

  • This page summarizes Tiedemann Michael's Form 4 filing for AlTi Global, Inc. (ALTI).
  • 2 reported transactions and 4 derivative rows are listed below.
  • Filing timestamp: 04 Apr 2024, 20:04.

What Changed

  • Previous filing in this sequence was filed on 21 Feb 2024.
  • Current net transaction value: $0.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Official SEC Source

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTI Class A Common Stock Options Exercise $0 +150,000 +94% $0.000000 309,146 11 Mar 2024 Direct F1
holding ALTI Class A Common Stock 63,326 11 Mar 2024 See Footnotes F3
holding ALTI Class A Common Stock 16,979 11 Mar 2024 See Footnotes F3
holding ALTI Class A Common Stock 42,918 11 Mar 2024 See Footnotes F3

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 -150,000 -3% $0.000000 4,915,196 11 Mar 2024 Class A Common Stock 150,000 Direct F1
holding ALTI Class B Common Stock 2,500,103 11 Mar 2024 Class A Common Stock 2,500,103 See Footnote F1, F2
holding ALTI Class B Common Stock 670,334 11 Mar 2024 Class A Common Stock 670,334 See Footnote F1, F2
holding ALTI Class B Common Stock 1,694,408 11 Mar 2024 Class A Common Stock 1,694,408 See Footnote F1, F2
* 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.
F2 Such securities are held by the Michael Glenn Tiedemann 2012 Delaware Trust ("MGT 2012 DE Trust") over which securities the reporting person has investment discretion. The reporting person disclaims beneficial ownership of the securities held by the MGT 2012 DE Trust, except to the extent of any pecuniary interest he may have therein.
F3 The reporting person's indirect beneficial ownership includes (i) 63,326 shares of Class A Common Stock for MGT 2012 DE Trust; (ii) 16,979 shares of Class A Common Stock for CHT Fam Tst Ar 3rd fbo MGT; and (iii) 42,918 shares of Class A Common Stock for Chauncey Close, LLC. The reporting person disclaims beneficial ownership of the securities held by the MGT 2012 DE Trust, the CHT Fam Tst Ar 3rd fbo MGT and Chauncey Close, LLC, except to the extent of any pecuniary interest the reporting person may have therein.

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