Shawn Tumulty - Oct 27, 2021 Form 3 Insider Report for Seaport Calibre Materials Acquisition Corp. (SCMA)

Signature
/s/ Shawn Tumulty
Stock symbol
SCMA
Transactions as of
Oct 27, 2021
Transactions value $
$0
Form type
3
Date filed
10/27/2021, 09:07 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 SCMA Class B Common Stock Oct 27, 2021 Class A Common Stock 115K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment, as described under the heading "Description of Securities" in the Issuer's registration statement on form S-1 (File No. 333-258024) (the "Registration Statement") and have no expiration date.
F2 The shares of Class B common stock beneficially owned by the reporting person includes up to 15,065 shares subject to forfeiture to the extent the underwriters of the initial public offering of the Issuer's securities do not exercise in full their over-allotment option as described in the Registration Statement.