Newcourt SPAC Sponsor LLC - 22 Oct 2021 Form 4 Insider Report for Newcourt Acquisition Corp

Role
10%+ Owner
Signature
Newcourt SPAC Sponsor LLC By: Tabula Rasa Ltd, Manager By: Fiducia Trustees, Ltd., Sole Corporate Director /s/ Carl Linde
Issuer symbol
N/A
Transactions as of
22 Oct 2021
Net transactions value
$0
Form type
4
Filing time
26 Oct 2021, 12:48:27 UTC
Previous filing
19 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCAC Class A Ordinary Shares, par value $0.0001 Purchase +920,000 920,000 22 Oct 2021 Direct F1

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 NCAC Class B Ordinary Shares, par value $0.0001 Other $0 -76,500 -1.2% $0.000000 6,535,000 22 Oct 2021 Class A Ordinary Shares 76,500 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person purchased 920,000 units of Newcourt Acquisition Corp (the "Issuer") in a private placement that closed simultaneously with the Issuer's initial public offering for an aggregate purchase price of $9,200,000. Each unit consists of one of the Issuer's Class A ordinary shares, par value $0.0001, and one-half of one redeemable warrant, as described under the heading "Description of Securities - Placement Units" in the Issuer's registration statements on Form S-1 (Nos. 333-254328 and 333-260371), as amended (the "Registration Statement").
F2 As described in the Registration Statement under the heading "Description of Securities - Founder Shares", the Class B Ordinary Shares will automatically convert into shares of Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date.
F3 As described in the Registration Statement, there were 841,500 Class B ordinary shares, par value $0.0001 per share, 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 76,500 shares.