Thomas Barnaby Stadlen - 25 Mar 2022 Form 4 Insider Report for Tailwind Two Acquisition Corp.

Role
Director
Signature
/s/ Tommy Stadlen
Issuer symbol
N/A
Transactions as of
25 Mar 2022
Net transactions value
+$117,000
Form type
4
Filing time
29 Mar 2022, 18:13:28 UTC
Next filing
06 Nov 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LLAP Common Stock Conversion of derivative security +75,000 75,000 25 Mar 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 LLAP Class B ordinary shares Conversion of derivative security $0 -75,000 $0.000000 $0 25 Mar 2022 Class A ordinary shares 75,000 Direct F1, F2
transaction LLAP Warrants Award $117,000 +78,000 $1.50 78,000 25 Mar 2022 Class A ordinary shares 78,000 $11.50 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Thomas Barnaby Stadlen 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 the issuer's registration statement on Form S-1 (File No. 333-253224) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2 In connection with the closing of the issuer's initial business combination on March 25, 2022 (the "Transaction"), the reported securities were converted on a one for one basis into Common Stock.
F3 In connection with the Transaction, pursuant Article II, Section 2.01(h) of the Agreement and Plan of Merger on October 28, 2021, the reporting person is resigning and is therefore no longer subject to Section 16 of the Securities Exchange Act of 1934.
F4 Warrants to acquire Common Stock on a one for one basis, that are exercisable thirty (30) days after the completion of an initial business combination, which occurred on March 25, 2022.