Gautham Pai - Jun 16, 2021 Form 4 Insider Report for Global Consumer Acquisition Corp (GACQU)

Role: Director, 10%+ Owner
Signature: /s/ Gautham Pai Name: Gautham Pai
Stock symbol: GACQU
Transactions as of: Jun 16, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/21/2021, 09:53 PM
Previous filing: Jun 15, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GACQU	Common Stock	Purchase		+22.1K	+0.42%		5.28M	Jun 16, 2021	See Footnote	F1, F2
transaction	GACQU	Common Stock	Other		-322K	-6.09%		4.96M	Jun 16, 2021	See Footnote	F2, F5

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	GACQU	Warrants to purchase Common Stock	Purchase		+11.1K			11.1K	Jun 16, 2021	Common Stock	11.1K	$11.50	See Footnote	F1, F2, F3, F4

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

Explanation of Responses:

Id	Content
F1	The reporting person acquired units, consisting of shares and warrants, at $10.00 per unit.
F2	Shares owned by Global Consumer Acquisition LLC, over which Gautham Pai shares voting and dispositive power.
F3	Each unit consists of one share of common stock and one half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Global Consumer Acquisition Corp. (the "Company")'s common stock at a price of $11.50 per share, subject to adjustment as described in the Company's prospectus filed with the SEC, at any time commencing on the later of 12 months from the closing of the Company's initial public offering or the completion of its initial business combination. The warrants will expire five years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.
F4	Warrants owned by Global Consumer Acquisition LLC, over which Gautham Pai shares voting and dispositive power.
F5	On June 16, 2021, the underwriters of the Company exercised the over-allotment option in part and canceled the remainder of the over-allotment option. In connection with the cancellation of the remainder of the over-allotment option, the Company has canceled an aggregate of 321,750 shares of common stock issued to Global Consumer Acquisition LLC prior to its IPO and private placement.