Susquehanna Securities, Llc - Jan 20, 2023 Form 4 Insider Report for Tailwind Acquisition Corp. (BURU)

Role
10%+ Owner
Signature
Susquehanna Securities, LLC By: /s/ Brian Sopinsky Name: Brian Sopinsky Title: Secretary
Stock symbol
BURU
Transactions as of
Jan 20, 2023
Transactions value $
-$3,470,250
Form type
4
Date filed
1/24/2023, 03:26 PM
Previous filing
Oct 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURU Class A Common Stock Exercise of in-the-money or at-the-money derivative security -$3.73M -373K -83.98% $10.00 71.1K Jan 20, 2023 Direct F1
transaction BURU Class A Common Stock Exercise of in-the-money or at-the-money derivative security $2.25K +300 +0.42% $7.50 71.4K Jan 20, 2023 Direct F1
transaction BURU Class A Common Stock Exercise of in-the-money or at-the-money derivative security $253K +20.2K +28.3% $12.50 91.6K Jan 20, 2023 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
transaction BURU Put Option (right to sell) Exercise of in-the-money or at-the-money derivative security $0 -3.73K -100% $0.00* 0 Jan 20, 2023 Class A Common Stock 373K $10.00 Direct F1, F2
transaction BURU Call Option (obligation to sell) Expiration of short derivative position $0 -10 -100% $0.00* 0 Jan 20, 2023 Class A Common Stock 1K $12.50 Direct F1, F2
transaction BURU Put Option (obligation to buy) Exercise of in-the-money or at-the-money derivative security $0 -3 -6.38% $0.00 44 Jan 20, 2023 Class A Common Stock 300 $7.50 Direct F1, F2
transaction BURU Put Option (obligation to buy) Expiration of short derivative position $0 -44 -100% $0.00* 0 Jan 20, 2023 Class A Common Stock 4.4K $7.50 Direct F1, F2
transaction BURU Put Option (obligation to buy) Exercise of in-the-money or at-the-money derivative security $0 -202 -100% $0.00* 0 Jan 20, 2023 Class A Common Stock 20.2K $12.50 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Susquehanna Securities, Llc is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These securities are directly owned by Susquehanna Securities, LLC.
F2 These options are exercisable at any time prior to their expiration.

Remarks:

Susquehanna Securities, LLC, Capital Ventures International and G1 Execution Services, LLC are affiliated entities under common ownership. Susquehanna Securities, LLC, Capital Ventures International and G1 Execution Services, LLC 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.