Adam Leo Stone - Jul 12, 2021 Form 3 Insider Report for ARYA Sciences Acquisition Corp V (ARYE)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Samuel M. Cohn, as attorney-in-fact
Stock symbol
ARYE
Transactions as of
Jul 12, 2021
Transactions value $
$0
Form type
3
Date filed
7/12/2021, 08:03 PM
Next filing
Jul 15, 2021

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 ARYE Class B ordinary shares Jul 12, 2021 Class A ordinary shares 3.62M By ARYA Sciences Holdings V F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the issuer's registration statement on Form S-1 (File No. 333-257335) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination 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 have no expiration date.
F2 The Class B ordinary shares owned by the reporting person include up to 487,500 shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option, as described in the issuer's registration statement.
F3 The securities reported herein are held by ARYA Sciences Holdings V (the "Sponsor"). The Sponsor is governed by a board of directors consisting of two directors, the Reporting Person and Michael Altman. As such, the Reporting Person and Mr. Altman have voting and investment discretion with respect to the Class B ordinary shares held of record by the Sponsor and may be deemed to have shared beneficial ownership of the Class B ordinary shares held directly by the Sponsor.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney