Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RDZN | Ordinary Shares | Purchase | $405 | +250 | +0.03% | $1.62 | 766K | Aug 22, 2024 | Direct | |
transaction | RDZN | Ordinary Shares | Purchase | $580 | +345 | +0.05% | $1.68 | 766K | Aug 23, 2024 | Direct | F1 |
holding | RDZN | Ordinary Shares | 17.1M | Aug 22, 2024 | See footnote | F2 | |||||
holding | RDZN | Ordinary Shares | 45.9K | Aug 22, 2024 | See footnote | F3 | |||||
holding | RDZN | Ordinary Shares | 5.62M | Aug 22, 2024 | Direct | F4 |
Id | Content |
---|---|
F1 | The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.60 to $1.79, inclusive. The reporting person undertakes to provide to Roadzen Inc., any security holder of Roadzen Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (1). |
F2 | Avacara Pte Ltd. ("Avacara") is the record holder of these ordinary shares. Mr. Malhotra is the majority shareholder and managing director of Avacara, a Singapore corporation with offices located at 14 Robinson Road, #12-01/02, Far East Finance Building, Singapore, 048545, and as such may be deemed to have beneficial ownership of the ordinary shares held directly by Avacara. Mr. Malhotra disclaims any beneficial ownership of the shares held by Avacara, except to the extent of his pecuniary interest therein. |
F3 | RM Securities LLC is the record holder of these ordinary shars. Mr. Malhotra is the sole member of RM Securities LLC and as such may be deemed to have beneficial ownership of the ordinary shares held directly by RM Securities LLC. Mr. Malhotra disclaims any beneficial ownership of the shares held by RM Securities LLC, except to the extent of his pecuniary interest therein. |
F4 | Represents ordinary shares underlying restricted stock units ("RSUs") issued under the Roadzen Inc. 2023 Omnibus Incentive Plan, as amended and/or restated from time to time (the "Plan"). Each RSU represents the contingent right to receive one Issuer ordinary share. Each RSU fully vests on September 18, 2024, subject to the Reporting Person's continuous service with the Issuer through the vesting date. |
Exhibit 24 - Power of Attorney