Stefan Berger - Nov 4, 2021 Form 4 Insider Report for Pegasus Digital Mobility Acquisition Corp. (PGSS)

Signature
/s/ Heath D. Linsky as attorney-in-fact for Stefan Berger
Stock symbol
PGSS
Transactions as of
Nov 4, 2021
Transactions value $
$563
Form type
4
Date filed
11/8/2021, 03:16 PM
Previous filing
Oct 21, 2021
Next filing
Jun 2, 2023

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 PGSS Class B Ordinary Shares, par value 0.0001 per share Other $563 +141K $0.00* 141K Nov 4, 2021 Class A Ordinary Shares, par value 0.0001 per share 141K Direct F1, F2
transaction PGSS Ordinary Share Warrants (right to buy) Other +244K 244K Nov 4, 2021 Class A Ordinary Shares, par value 0.0001 per share 244K $11.50 Direct F3, F4
* 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) (the "Registration Statement").
F2 Reflects the transfer of 140,625 Class B Shares from Pegasus Digital Mobility Sponsor LLC (the "Sponsor") for $0.004 per Class B Share to the Reporting Person in respect of his service as an officer of the Issuer.
F3 Reflects the transfer of 243,750 warrants of the Issuer purchased by the Sponsor from the Issuer in a private placement that closed concurrently with the closing of the Issuer's initial public offering, as described in the Registration Statement (each, a "Private Placement Warrant"), from the Sponsor for no consideration ($0) to the Reporting Person in respect of his service as an officer of the Issuer.
F4 Each Private Placement Warrant of the Issuer reported herein entitles the holder thereof to purchase one Class A Share at a price of $11.50 per share, subject to adjustment as described in the Registration Statement. The Private Placement Warrants will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or the Issuer's liquidation, as described in the Registration Statement.