Gesher I Sponsor LLC - Oct 12, 2021 Form 3 Insider Report for Gesher I Acquisition Corp. (GIAC)

Role
10%+ Owner
Signature
Ezra Gardner as Managing Member of Gesher I Sponsor LLC
Stock symbol
GIAC
Transactions as of
Oct 12, 2021
Transactions value $
$0
Form type
3
Date filed
10/12/2021, 09:52 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GIAC Ordinary shares 2.88M Oct 12, 2021 By Gesher I Sponsor LLC F1, F2

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
holding GIAC Warrants Oct 12, 2021 Ordinary shares 4.05M $11.50 By Gesher I Sponsor LLC F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) up to 375,000 ordinary shares that may be forfeited if the underwriters in the Issuer's initial public offering do not exercise the overallotment option in full and (ii) up to 100,000 ordinary shares that Gesher I Sponsor LLC ("Sponsor") may transfer to one of the members of Sponsor or a third party upon consummation of the Issuer's initial business combination.
F2 The securities are owned directly by Sponsor, a ten percent owner of the Issuer, and indirectly by Sponsor's managing members, Ezra Gardner, a Director of the Issuer and its Chief Executive Officer, and Omri Cherni, a Director of the Issuer and its Chief Operating Officer.
F3 Includes warrants which, prior to the effective date of the registration statement relating to the Issuer's initial public offering, Sponsor irrevocably committed to purchase. Does not include 400,549 warrants Sponsor irrevocably committed to purchase in the event the underwriters in the Issuer's initial public offering exercise the overallotment option in full.
F4 Each warrant will become exercisable 30 days after the completion of an initial business combination by the Issuer.
F5 Each warrant will expire five years after the completion of an initial business combination by the Issuer.