ALSP Orchid Sponsor LLC - 18 Nov 2021 Form 3 Insider Report for ALSP Orchid Acquisition Corp I

Role
10%+ Owner
Signature
/s/ Thong Q. Le, Manager
Issuer symbol
N/A
Transactions as of
18 Nov 2021
Net transactions value
$0
Form type
3
Filing time
18 Nov 2021, 16:46:49 UTC
SEC
View on sec.gov

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 ALOR Class B Ordinary Shares 18 Nov 2021 Class A Ordinary Shares 4,312,500 $0.000000 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 have no expiration date and are convertible into Class A Ordinary Shares of the Issuer. The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares of the Issuer on a 1-to-1 basis upon closing of the initial business combination of the Issuer.
F2 The Class B Ordinary Shares beneficially owned by the Reporting Person includes up to 562,500 Class B Ordinary 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.