Motive Capital Funds Sponsor, LLC - Mar 21, 2022 Form 4 Insider Report for Forge Global Holdings, Inc. (FRGE)

Signature
Motive Capital Funds Sponsor, LLC By: /s/ Paul Luc Robert Heyvaert Name: Paul Luc Robert Heyvaert Title: Manager
Stock symbol
FRGE
Transactions as of
Mar 21, 2022
Transactions value $
$0
Form type
4
Date filed
3/23/2022, 07:17 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRGE Common Stock Options Exercise +10.2M 10.2M Mar 21, 2022 Direct F1, F2, F3

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 FRGE Class B Ordinary Shares Options Exercise -10.2M -100% 0 Mar 21, 2022 Common Stock Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Motive Capital Funds Sponsor, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As described in Motive Capital Corp's ("Motive" and the former name of the Issuer) registration statement on Form S-1 (File No. 333-250947) under the heading "Description of Securities-Founder Shares," the Class B ordinary shares, par value $0.0001 per share, were automatically convertible into Class A ordinary shares of the Issuer concurrently with or immediately following the consummation of its initial business combination (the "Business Combination") on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights.
F2 On March 21, 2022, Motive consummated the Business Combination with Forge Global, Inc. In connection with the Business Combination and the transactions contemplated thereby (including the domestication of Motive from the Cayman Islands into Delware), each Class B ordinary share converted into one share of Common Stock of the Issuer.
F3 The manager of the reporting person is Motive Partners GP, LLC (the "Manager"). The sole member of Motive Partners GP, LLC is Rob Exploration LLC ("Exploration") where Paul Luc Robert Heyvaert is the sole member. Each of Motive Partners GP, LLC, Rob Exploration LLC and Paul Luc Robert Heyvaert may be deemed to have beneficial ownership of the shares. As such, Mr. Heyvaert may be deemed to have voting and investment discretion with respect to the securities held by the reporting person and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by Mr. Heyvaert of all of the reported securities for purposes of Section 16 or for any other purpose.