Rose Hill Sponsor LLC - Mar 6, 2023 Form 4 Insider Report for Rose Hill Acquisition Corp (ROSE)

Role
10%+ Owner
Signature
/s/ Albert Hill IV, Managing Member
Stock symbol
ROSE
Transactions as of
Mar 6, 2023
Transactions value $
$0
Form type
4
Date filed
3/8/2023, 06:36 PM
Previous filing
Oct 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROSE Class A ordinary shares, par value $0.0001 Conversion of derivative security +4M 4M Mar 6, 2023 Direct F1, F2

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 ROSE Class B ordinary shares, par value $0.0001 Conversion of derivative security -4M -79.5% 1.03M Mar 6, 2023 Class A ordinary shares, par value $0.0001 4M Direct F1, F2
* 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 are convertible into an equal number of Class A ordinary shares at any time, in accordance with the terms of the Issuers's Amended and Restated Articles of Association, and have no expiration date. On March 6, 2023, the reporting person exercised its right to convert 4,000,000 Class B ordinary shares held into 4,000,000 Class A ordinary shares on a one-for-one basis.
F2 The managing member of the reporting person is Mr. Albert Hill IV. Mr. Hill has voting and dispositive power over the shares and disclaims beneficial ownership over any securities owned by the reporting person in which he does not have a pecuniary interest.