Seaside Holdings (Nominee) Ltd - Nov 17, 2021 Form 4 Insider Report for SDCL EDGE Acquisition Corp (SEDA)

Role
10%+ Owner
Signature
Seaside Holdings (Nominee) Limited, by /s/ Susan Norman, as Director
Stock symbol
SEDA
Transactions as of
Nov 17, 2021
Transactions value $
-$16
Form type
4
Date filed
11/19/2021, 03:12 PM
Previous filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SEDA Class A Ordinary Shares 2M Nov 17, 2021 Direct F1

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 SEDA Class B Ordinary Shares Sale -$16 -3.22K -0.64% $0.01* 500K Nov 17, 2021 Class A Ordinary Shares 3.22K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Guy Hands is the sole shareholder and ultimate beneficial owner of Seaside Holdings (Nominee) Limited ("Seaside") and has investment control over the securities held by Seaside. By virtue of that relationship, Mr. Hands may be deemed a beneficial owner of the securities held by Seaside. Mr. Hands disclaims beneficial ownership of the securities held by Seaside except to the extent of his pecuniary interest therein.
F2 As described in the issuer's registration statement on Form S-1 (File No. 333-254238) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001 per share, of the issuer will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination.
F3 The Issuer repurchased the shares for an aggregate of $15.99 or approximately $0.005 per share. The shares were repurchased by the Issuer pursuant to an Investment Agreement, dated as of October 8, 2021, between Seaside and the Issuer.