SUSQUEHANNA SECURITIES, LLC - 09 Sep 2022 Form 3 Insider Report for Tailwind Acquisition Corp. (BURU)

Role
10%+ Owner
Signature
Susquehanna Securities, LLC By: /s/ Brian Sopinsky Name: Brian Sopinsky Title: Secretary
Issuer symbol
BURU
Transactions as of
09 Sep 2022
Net transactions value
$0
Form type
3
Filing time
19 Sep 2022, 13:34:05 UTC
Next filing
20 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BURU Class A Common Stock 453,669 09 Sep 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
holding BURU Warrants (right to buy) 09 Sep 2022 Class A Common Stock 75,000 $11.50 Direct F2, F3, F4
holding BURU Put Option (right to sell) 09 Sep 2022 Class A Common Stock 200 $15.00 Direct F1, F5
holding BURU Put Option (right to sell) 09 Sep 2022 Class A Common Stock 2,600 $12.50 Direct F1, F5
holding BURU Put Option (right to sell) 09 Sep 2022 Class A Common Stock 95,200 $10.00 Direct F1, F5
holding BURU Put Option (right to sell) 09 Sep 2022 Class A Common Stock 2,700 $17.50 Direct F1, F5
holding BURU Put Option (right to sell) 09 Sep 2022 Class A Common Stock 372,500 $10.00 Direct F1, F5
holding BURU Call Option (obligation to sell) 09 Sep 2022 Class A Common Stock 8,500 $7.50 Direct F1, F5
holding BURU Put Option (obligation to buy) 09 Sep 2022 Class A Common Stock 500 $10.00 Direct F1, F5
holding BURU Call Option (obligation to sell) 09 Sep 2022 Class A Common Stock 3,100 $10.00 Direct F1, F5
holding BURU Put Option (obligation to buy) 09 Sep 2022 Class A Common Stock 1,000 $10.00 Direct F1, F5
holding BURU Call Option (obligation to sell) 09 Sep 2022 Class A Common Stock 1,000 $12.50 Direct F1, F5
holding BURU Put Option (obligation to buy) 09 Sep 2022 Class A Common Stock 4,700 $7.50 Direct F1, F5
holding BURU Put Option (obligation to buy) 09 Sep 2022 Class A Common Stock 20,200 $12.50 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are directly owned by SS.
F2 These securities are directly owned by CVI. Susquehanna Advisors Group, Inc. ("SAGI") serves as the investment manager to CVI. SAGI does not have any pecuniary interest in the securities owned by CVI.
F3 These warrants are not presently exercisable and will become exercisable on the later of (a) September 9, 2021 and (b) 30 days after the completion of the issuer's business combination.
F4 These warrants will expire five years after the completion of the issuer's initial business combination or earlier upon redemption or liquidation of the issuer.
F5 These options are exercisable at any time prior to their expiration.

Remarks:

In addition to the securities reported on Table 1 and Table 2, as of September 9, 2022, G1 Execution Services, LLC ("G1X") had a short position of 56 shares of Class A Common Stock and 4,503 warrants to purchase Class A Common Stock. G1X, Susquehanna Securities, LLC ("SS") and Capital Ventures International ("CVI") are affiliated entities under common ownership. G1X, SS and CVI each disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that any of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Exhibit List: Exhibit 24 - Limited Power of Attorney executed by Capital Ventures International in favor of Susquehanna Advisors Group, Inc., dated as of December 4, 2012