Bruce J. Garelick - Sep 2, 2021 Form 3 Insider Report for Digital World Acquisition Corp. (DWAC)

Role
Director
Signature
/s/ Bruce J. Garelick
Stock symbol
DWAC
Transactions as of
Sep 2, 2021
Transactions value $
$0
Form type
3
Date filed
9/2/2021, 09:21 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 DWAC Class B Common Stock Sep 2, 2021 Class A Common 7.5K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the registrant's registration statement on Form S-1 (File No. 333- 256472) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the registrant's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date.