Jeffrey H. Foster - Nov 4, 2021 Form 4 Insider Report for Pegasus Digital Mobility Acquisition Corp. (PGSS)

Role: Director
Signature: /s/ Heath D. Linsky as attorney-in-fact for Jeffrey H Foster
Stock symbol: PGSS
Transactions as of: Nov 4, 2021
Transactions value $: $225
Form type: 4
Date filed: 11/8/2021, 03:21 PM
Previous filing: Oct 21, 2021
Next filing: Jan 4, 2022

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	$225	+56.3K		$0.00^*	56.3K	Nov 4, 2021	Class A Ordinary Shares, par value 0.0001 per share	56.3K		Direct	F1, F2

* 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 56,250 Class B Shares from Pegasus Digital Mobility Sponsor LLC for $0.004 per Class B Share to the Reporting Person in respect of his service as a director of the Issuer.

Content

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").

Reflects the transfer of 56,250 Class B Shares from Pegasus Digital Mobility Sponsor LLC for $0.004 per Class B Share to the Reporting Person in respect of his service as a director of the Issuer.