Ian Howes - Nov 18, 2021 Form 3 Insider Report for ALSP Orchid Acquisition Corp I (ALOR)

Role
Chief Financial Officer, Director, 10%+ Owner
Signature
/s/ Brian Woodard, Attorney-in-Fact
Stock symbol
ALOR
Transactions as of
Nov 18, 2021
Transactions value $
$0
Form type
3
Date filed
11/18/2021, 04:53 PM

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 Nov 18, 2021 Class A Ordinary Shares 4.31M $0.00 By ALSP Orchid Sponsor LLC 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 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.
F3 The securities reported herein are held of record by ALSP Orchid Sponsor LLC. The Reporting Person is one of two managers of ALSP Orchid Sponsor LLC, and as such, has voting and investment discretion with respect to the securities held by ALSP Orchid Sponsor LLC. The Reporting Person disclaims beneficial ownership over such shares except to the extent of his pecuniary interest therein.