Seaport Global SPAC II, LLC - Nov 17, 2021 Form 3 Insider Report for Seaport Global Acquisition II Corp. (SGII)

Role
10%+ Owner
Signature
/s/ Stephen Smith, CEO of Managing Member of Seaport Global SPAC II, LLC
Stock symbol
SGII
Transactions as of
Nov 17, 2021
Transactions value $
$0
Form type
3
Date filed
11/17/2021, 06:45 PM
Next filing
Feb 16, 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
holding SGII Class B Common Stock Nov 17, 2021 Class A Common Stock 3.59M See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the issuer's registration statement on Form S-1 (File No. 333-260623) (the "Registration Statement") under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination on a one-for-one basis (subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like) and subject to certain anti-dilution rights and have no expiration date.
F2 The shares of Class B common stock beneficially owned by the reporting person include up to 468,750 shares subject to forfeiture to the extent the underwriter of the initial public offering of the issuer's securities does not exercise in full its over-allotment option as described in the Registration Statement.