Jeffrey E. Kelter - Feb 13, 2023 Form 4 Insider Report for Bridger Aerospace Group Holdings, Inc. (BAER)

Signature
/s/ Jeffrey Kelter
Stock symbol
BAER
Transactions as of
Feb 13, 2023
Transactions value $
$0
Form type
4
Date filed
2/15/2023, 03:33 PM
Previous filing
Jan 24, 2023
Next filing
May 18, 2023

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 BAER Warrants (right to buy) Award +9.4M 9.4M Feb 13, 2023 Common Stock 9.4M $11.50 See footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each warrant entitles the holder to purchase one share of Common Stock at a price of $11.50 per share, subject to adjustment, at any time commencing on February 23, 2023, subject to the terms of the warrant agreement. The warrants expire on January 24, 2028, or earlier upon redemption.
F2 Directly held by JCIC Sponsor, LLC, which is co-controlled by the Reporting Person, Robert F. Savage and Thomas Jermoluk.
F3 The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of the Reporting Person's pecuniary interest therein, if any, and the filing of this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.