Western Acquisition Ventures Sponsor LLC - Jan 11, 2022 Form 4 Insider Report for Western Acquisition Ventures Corp. (WAVS)

Role
10%+ Owner
Signature
By: /s/ William Lischak Name: William Lischak Title: Managing Member
Stock symbol
WAVS
Transactions as of
Jan 11, 2022
Transactions value $
$0
Form type
4
Date filed
1/13/2022, 01:51 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WAVS Common Stock, par value $0.0001 Purchase +376K +17.67% 2.5M Jan 11, 2022 Direct F1

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 WAVS Warrants to purchase Common Stock Purchase +376K 376K Jan 11, 2022 Common Stock 376K $11.50 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person purchased 376,000 units of Western Acquisition Ventures Corp. (the "Issuer") in a private placement that closed simultaneously with the Issuer's initial public offering for a purchase price of $10.00 per unit. Each unit consists of one share of the Issuer's common stock, par value $0.0001, and one redeemable warrant.
F2 Each warrant becomes exercisable on the later of January 14, 2023, one year after the closing of the Company's initial public offering, or 30 days after the consummation of an initial business combination.
F3 The warrants expire five years after the completion of an initial business combination, or earlier upon redemption or liquidation.