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

Role: Chief Executive Officer, Director
Signature: /s/ Heath D. Linsky as attorney-in-fact for Ralf Speth
Stock symbol: PGSS
Transactions as of: Nov 4, 2021
Transactions value $: $1,350
Form type: 4
Date filed: 11/8/2021, 03:27 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	$1.35K	+338K		$0.00^*	338K	Nov 4, 2021	Class A Ordinary Shares, par value 0.0001 per share	338K		Direct	F1, F2
transaction	PGSS	Ordinary Share Warrants (right to buy)	Other		+488K			488K	Nov 4, 2021	Class A Ordinary Shares, par value 0.0001 per share	488K	$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 337,500 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 a director and officer of the Issuer.
F3	Reflects the transfer of 487,500 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.