Steven J. Quamme - Jan 4, 2022 Form 3 Insider Report for Cartica Acquisition Corp (CITE)

Role
Director
Signature
/s/Steven J. Quamme
Stock symbol
CITE
Transactions as of
Jan 4, 2022
Transactions value $
$0
Form type
3
Date filed
1/4/2022, 08:22 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 CITE Class B Ordinary Shares Jan 4, 2022 Class A Ordinary Shares 5.45M See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As further described in the issuer's registration statement on Form S-1, as amended (File No. 333-261094) (the "Registration Statement"), under the heading "Description of Securities - Founder Shares", Class B ordinary shares of the issuer will automatically convert into Class A ordinary shares of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holders of Class B ordinary shares, on a one-for-one basis, subject to certain adjustments, and there is no expiration date for such conversion.
F2 The 5,450,000 Class B ordinary shares include up to 750,000 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option, as further described in the Registration Statement.
F3 The Class B ordinary shares are held directly by Cartica Acquisition Partners, LLC (the "Sponsor"). Steven J. Quamme, a director of the issuer, is the managing member of the Sponsor and has voting and investment discretion with respect to the securities held by the Sponsor. Accordingly, Mr. Quamme may be deemed to have indirect beneficial ownership of the Class B ordinary shares held directly by the Sponsor. Mr. Quamme disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein.