Andrew White - Jul 30, 2021 Form 4 Insider Report for Mercury Ecommerce Acquisition Corp (SEPA)

Role
President and CEO, Director, 10%+ Owner
Signature
/s/ R. Andrew White
Stock symbol
SEPA
Transactions as of
Jul 30, 2021
Transactions value $
-$4,150
Form type
4
Date filed
8/3/2021, 08:48 PM
Previous filing
Jul 27, 2021
Next filing
Aug 24, 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
transaction SEPA Class B common stock Sale -$4.15K -830K -17.23% $0.01* 3.99M Jul 30, 2021 Class A common stock 830K See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B ordinary shares will automatically convert into the Issuer's Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and has no expiration date.
F2 Includes up to 656,250 shares of Class B Common Stock that are subject to forfeiture if the underwriters in the Issuer's initial public offering of common stock do not exercise their over-allotment option in full or in part.
F3 Mercury Sponsor Group I LLC is the record holder of the shares reported herein. R. Andrew White is a manager of Mercury Sponsor Group I LLC. Affiliates of R. Andrew White own 50% of the economic interest of Mercury Sponsor Group I LLC. As such, R. Andrew White may be deemed to have beneficial ownership of the Class B common stock held directly by Mercury Sponsor Group I LLC. R. Andrew White disclaims beneficial ownership over any securities owned by Mercury Sponsor Group I LLC in which he does not have any pecuniary interest.