Cheng Yin Pan - Jun 28, 2021 Form 4 Insider Report for Artisan Acquisition Corp. (ARTAU)

Role
Chief Executive Officer, Director
Signature
/s/ Cheng Yin Pan (Ben)
Stock symbol
ARTAU
Transactions as of
Jun 28, 2021
Transactions value $
$0
Form type
4
Date filed
6/28/2021, 04:24 PM
Previous filing
May 13, 2021

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 ARTAU Class B Ordinary Shares Other -141K -1.52% 9.13M Jun 28, 2021 Class A Ordinary Shares 141K See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the issuer's registration statement on Form S-1 (File No. 333-254660) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001 per share (the "Class B ordinary shares"), will automatically convert into Class A ordinary shares, par value $0.0001 per share at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2 The Class B ordinary shares held by Artisan LLC included up to 1,125,000 shares that were subject to forfeiture in the event the underwriters of the initial public offering of the issuer's securities did not exercise in full their over-allotment option as described in the issuer's Registration Statement on Form S-1 (File No. 333-254660). Because the underwriters did not exercise their over-allotment option in full and the option expired, Artisan LLC forfeited 141,441 Class B ordinary shares for cancellation by the Issuer.
F3 Artisan LLC is the record holder of the shares reported herein. Cheng Yin Pan (Ben) is the manager of Artisan LLC and has voting and investment discretion with respect to the ordinary shares held of record by Artisan LLC.