Nadav Besner - May 19, 2022 Form 4 Insider Report for OTR Acquisition Corp. (OTRA)

Role
Director
Signature
/s/ Nadav Besner
Stock symbol
OTRA
Transactions as of
May 19, 2022
Transactions value $
$0
Form type
4
Date filed
5/20/2022, 04:36 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 +5K 5K May 19, 2022 Direct F1, F2
transaction OTRA Class A Common Stock Other -5K -100% 0 May 19, 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 -5K -100% 0 May 19, 2022 Class A Common Stock 5K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Nadav Besner 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. 333-248093) (the "Registration Statement") under the heading "Description of Securities," the shares of Class B common stock, par value $0.0001 per share ("Class B Stock"), automatically convert into shares of Class A common stock, par value $0.0001 per share ("Class A Stock"), 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 stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and has no expiration date.
F2 (Continued from Footnote 1) On May 19, 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 Stock converted into Class A Stock.
F3 In connection with the Business Combination, the reporting person exchanged its Class A Shares for 5,000 fully paid and non-assessable shares of common stock, par value U.S. $0.0001 per share, of Holdco Common Stock.