Macondray, LLC - Jun 30, 2021 Form 3 Insider Report for Macondray Capital Acquisition Corp. I (DRAY)

Role
10%+ Owner
Signature
Macondray, LLC, By: /s/ R. Grady Burnett Name: R. Grady Burnett Title: Managing Member
Stock symbol
DRAY
Transactions as of
Jun 30, 2021
Transactions value $
$0
Form type
3
Date filed
6/30/2021, 08:36 PM

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
holding DRAY Class B ordinary shares, par value $0.0001 Jun 30, 2021 Class A ordinary shares, par value $0.0001 7M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person owns 6,997,500 Class B ordinary shares which are convertible into Class A ordinary shares as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-256171). The Class B ordinary shares have no expiration date.
F2 The reporting person is controlled by R. Grady Burnett and W. Lance Conn, its managing members. Accordingly, each of R. Grady Burnett and W. Lance Conn may be deemed to have or share beneficial ownership of the Class B ordinary shares held directly by the reporting person.