Mark Grundman - Sep 1, 2021 Form 4 Insider Report for CHW Acquisition Corp (PETWW)

Role
Co-Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Mark Grundman
Stock symbol
PETWW
Transactions as of
Sep 1, 2021
Transactions value $
-$6,750
Form type
4
Date filed
9/1/2021, 12:52 PM
Previous filing
Aug 30, 2021
Next filing
Oct 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PETWW Ordinary Shares, par value $0.0001 Other $0 -37.5K -1.19% $0.00 3.13M Sep 1, 2021 Direct F1, F2, F3
transaction PETWW Ordinary Shares, par value $0.0001 Sale -$6.75K -750K -24% $0.01* 2.38M Sep 1, 2021 Direct 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 CHW Acquisition Corporation's (the "Issuer") registration statements on Form S-1 (File Nos. 333-254422 and 333-259182), as amended and (the "Registration Statement"), there were 412,500 ordinary shares, par value $0.0001 per share (the "Ordinary Shares"), subject to forfeiture to the extent that the underwriters did not fully or partially exercise their over-allotment option in the Issuer's initial public offering of its securities. The underwriters only partially exercised their over-allotment option, resulting in the Reporting Person forfeiting 37,500 Ordinary Shares.
F2 CHW Acquisition Sponsor LLC, a Delaware limited liability company (the "Sponsor"), is the record holder of such ordinary shares. CHW Acquisition Founders LLC, a Delaware limited liability company ("Founders"), is the sole managing member of the Sponsor. MJG Partners LLC, a New Jersey limited liability company ("MJG"), is the sole managing member of the Founders. Mr. Grundman is the sole manager of MJG.
F3 Founders, MJG, and Mr. Grundman share voting and investment discretion with respect to the Ordinary Shares held of record by the Sponsor and may be deemed to have shared beneficial ownership of such Ordinary Shares held directly by the Sponsor. Founders, MJG, and Mr. Grundman each disclaim beneficial ownership of any Ordinary Shares other than to the extent each of them may have a pecuniary interest therein, directly or indirectly. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.