OTR Acquisition Sponsor LLC - May 20, 2022 Form 4 Insider Report for OTR Acquisition Corp. (OTRA)

Role
10%+ Owner
Signature
/s/ Nicholas J. Singer
Stock symbol
OTRA
Transactions as of
May 20, 2022
Transactions value $
$0
Form type
4
Date filed
5/20/2022, 04:35 PM
Previous filing
May 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTRA Class A Common Stock Conversion of derivative security +1.31M 1.31M May 20, 2022 Direct F1, F2
transaction OTRA Class A Common Stock Other -1.31M -100% 0 May 20, 2022 Direct 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 OTRA Class B Common Stock Conversion of derivative security $0 -1.31M -100% $0.00* 0 May 20, 2022 Class A Common Stock 1.31M Direct 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 OTR Acquisition Corp.'s registration statement on Form S-1 (File No. 333-248093) under the heading "Description of Securities," the Class B common stock of the issuer automatically converts into Class A common stock of the issuer ("Class A Common Stock") at the time of the issuer's initial business combination or earlier at the option of the holders thereof, on a one-for-one basis, subject to certain adjustments described therein, and have no expiration date.
F2 (Continued from Footnote 1) On May 20, 2022, the issuer consummated its initial business combination (the "Business Combination") with Comera Life Sciences Holdings, Inc.. ("Holdco"), a Delaware corporation. In connection with the Business Combination, each share of Class B Common Stock converted into Class A Common Stock.
F3 In connection with the Business Combination, the reporting person exchanged its shares of Class A Common Stock for 1,305,918 fully paid and non-assessable shares of common stock, par value U.S. $0.0001 per share, of Holdco.