James Aralis - Dec 21, 2023 Form 3 Insider Report for Chavant Capital Acquisition Corp. (MOBX)

Role
Chief Technology Officer
Signature
/s/ Laurie L. Green, Attorney-in-Fact for James Aralis
Stock symbol
MOBX
Transactions as of
Dec 21, 2023
Transactions value $
$0
Form type
3
Date filed
12/26/2023, 09:43 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MOBX Class A Common Stock 29K Dec 21, 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
holding MOBX Stock Option Dec 21, 2023 Class A Common Stock 16.1K $6.84 Direct F2
holding MOBX Stock Option Dec 21, 2023 Class A Common Stock 183 $6.84 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in connection with the business combination (the "Business Combination") by and between Chavant Capital Acquisition Corp., CLAY Merger Sub II, Inc. and Mobix Labs, Inc. in accordance with the terms of the Business Combination Agreement dated as of November 15, 2022, as amended, which closed on December 21, 2023 ("Closing Date"). At the Closing Date, the Reporting Person acquired these shares in exchange for the same number of equity interests of Mobix Labs, Inc. held immediately prior to the Closing, which were automatically converted into a number of shares of Class A Common Stock.
F2 Received in the Business Combination in exchange for an employee stock option to acquire 16,112 shares of Mobix Labs, Inc. at $6.84 per share that was granted on May 18, 2022. The option vests equally over three years on each monthly anniversary of May 18, 2023.
F3 Received in the Business Combination in exchange for an employee stock option to acquire 183 shares of Mobix Labs, Inc. at $6.84 per share that was granted on May 18, 2022. The option vests upon a change of control.

Remarks:

Exhibit 24, Power of Attorney, attached