Alberto Recchi - Sep 29, 2021 Form 4 Insider Report for Shapeways Holdings, Inc. (SHPW)

Role
Director
Signature
/s/ Jennifer Walsh, Attorney-in-Fact
Stock symbol
SHPW
Transactions as of
Sep 29, 2021
Transactions value $
$46,713,000
Form type
4
Date filed
10/1/2021, 09:48 PM
Next filing
Nov 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHPW Common Stock Award +2.76M 2.76M Sep 29, 2021 Held by Galileo Founders Holdings, L.P. F1, F4

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 SHPW Warrant (right to buy) Award $41M +3.56M $11.50 3.56M Sep 29, 2021 Common Stock 3.56M $11.50 Held by Galileo Founders Holdings, L.P. F2, F4
transaction SHPW Warrant (right to buy) Award $5.75M +500K $11.50 500K Sep 29, 2021 Common Stock 500K $11.50 Held by Galileo Founders Holdings, L.P. F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the merger described in that certain Agreement and Plan of Merger and Reorganization, dated as of April 28, 2021, by and among Galileo Acquisition Corp., now known as Shapeways Holdings, Inc. (the "Issuer"), Galileo Founders Holdings, L.P. (the "Sponsor"), Galileo Acquisition Holdings ("Merger Sub") and Shapeways, Inc. ("Shapeways"), pursuant to which Merger Sub merged with and into Shapeways, with Shapeways surviving as a wholly-owned subsidiary of the Issuer (the "Merger"), the Sponsor received 2,760,000 shares of Common Stock in the Issuer.
F2 In connection with the Merger, the Sponsor received a warrant to purchase 3,562,000 shares of Common Stock of the Issuer.
F3 In connection with the conversion of its $500,000 outstanding principal amount convertible promissory note, the Sponsor received a warrant to purchase 500,000 shares of Common Stock of the Issuer.
F4 Alberto Recchi, a Director of the Issuer, through an entity he controls (Ampla Capital, LLC), is a director and officer of the Galileo Founders Holdings, L.P. As such, Mr. Recchi may be deemed to have beneficial ownership of the shares held directly by the Galileo Founders Holdings, L.P.

Remarks:

Exhibit 24