Pegasus Digital Mobility Sponsor LLC - Oct 21, 2021 Form 3 Insider Report for Pegasus Digital Mobility Acquisition Corp. (PGSS)

Role
10%+ Owner
Signature
/s/ Heath D. Linsky as attorney-in-fact for Pegasus Digital Mobility Sponsor LLC
Stock symbol
PGSS
Transactions as of
Oct 21, 2021
Transactions value $
$0
Form type
3
Date filed
10/21/2021, 04:41 PM
Next filing
Oct 28, 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
holding PGSS Class B Ordinary Shares, par value 0.0001 per share Oct 21, 2021 Class A Ordinary Shares, par value 0.0001 per share 5.75M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B Ordinary Shares, par value $0.0001 per share ("Class B Shares") have no expiration date and (i) are convertible into Class A Ordinary Shares, par value $0.0001 per share ("Class A Shares"), of Pegasus Digital Mobility Acquisition Corp. (the "Issuer") at any time at the option of the holder on a one-for-one basis and (ii) will automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis, in each case, subject to adjustment as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-259860).
F2 Pegasus Digital Mobility Sponsor LLC (the "Sponsor") directly owns 5,750,000 Class B Shares, including 750,000 Class B Shares that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full an option granted to them to cover over-allotments.
F3 Patrick J. Miller and James Condon are two of three members of the board of managers of the Sponsor and, as a result, each may be deemed to beneficially own the securities reported herein. Each of Patrick J. Miller and James Condon disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein.