Motion Acquisition LLC - 24 Aug 2021 Form 4 Insider Report for Motion Acquisition Corp. (DCGO)

Role: 10%+ Owner
Signature: /s/ James Travers
Issuer symbol: DCGO
Transactions as of: 24 Aug 2021
Net transactions value: $0
Form type: 4
Filing time: 25 Aug 2021, 19:27:42 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DCGO	Class A Common Stock	Conversion of derivative security		+2,875,000			2,875,000	24 Aug 2021	By Motion Acquisition 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
transaction	DCGO	Class B Common Stock	Conversion of derivative security		-2,875,000	-100%		0	24 Aug 2021	Class A Common Stock	2,875,000		By Motion Acquisition LLC	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Issuer's Class B Common Stock is convertible on a one-to-one basis for shares of the Issuer's Class A Common Stock, for no consideration, at any time and from time to time at the option of the holder and automatically upon the completion of the Issuer's initial business combination. The Class B Common Stock has no expiration date.
F2	These securities are owned directly by Motion Acquisition LLC, a ten percent owner of the Issuer, and indirectly by its managing members, James Travers, the Issuer's Chairman, Michael Burdiek, the Issuer's Chief Executive Officer and a director, Richard Vitelle, the Issuer's Chief Financial Officer and Secretary, and Garo Sarkissian, the Issuer's Executive Vice President of Corporate Development. Each of Messrs. Travers, Burdiek, Vitelle, and Sarkissian disclaims beneficial ownership of the securities held by Motion Acquisition LLC, except to the extent of his pecuniary interest therein.

Content

The Issuer's Class B Common Stock is convertible on a one-to-one basis for shares of the Issuer's Class A Common Stock, for no consideration, at any time and from time to time at the option of the holder and automatically upon the completion of the Issuer's initial business combination. The Class B Common Stock has no expiration date.

These securities are owned directly by Motion Acquisition LLC, a ten percent owner of the Issuer, and indirectly by its managing members, James Travers, the Issuer's Chairman, Michael Burdiek, the Issuer's Chief Executive Officer and a director, Richard Vitelle, the Issuer's Chief Financial Officer and Secretary, and Garo Sarkissian, the Issuer's Executive Vice President of Corporate Development. Each of Messrs. Travers, Burdiek, Vitelle, and Sarkissian disclaims beneficial ownership of the securities held by Motion Acquisition LLC, except to the extent of his pecuniary interest therein.