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

Role
CEO and CFO, Director, 10%+ Owner
Signature
/s/ Rohan Ajila, Name: Rohan Ajila
Stock symbol
GACQU
Transactions as of
Jun 16, 2021
Transactions value $
$0
Form type
4
Date filed
6/21/2021, 09:57 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 Rohan Ajila 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 Rohan Ajila 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.