Avi S. Katz - May 28, 2021 Form 4 Insider Report for GigInternational1, Inc. (GIW)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Avi S. Katz, individually
Stock symbol
GIW
Transactions as of
May 28, 2021
Transactions value $
$0
Form type
4
Date filed
5/28/2021, 09:43 PM
Previous filing
May 18, 2021
Next filing
Jul 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIW Common Stock Other $0 -525K -9.15% $0.00 5.21M May 28, 2021 By GigInternational1 Sponsor, LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Forfeiture of 525,000 shares of Common Stock for no additional consideration in connection with the underwriters' election not to fully exercise the over-allotment option as described in the Issuer's registration statement on Form S-1.
F2 The Common Stock is held directly by GigInternational1 Sponsor, LLC (the "Sponsor"). The shares held by the Sponsor are beneficially owned by Dr. Katz, GigInternational1, Inc.'s Executive Chairman of the Board of Directors. Dr. Katz is also the Manager of the Sponsor, who has sole voting and dispositive power over the shares held by the Sponsor.