Q. le Thong - 22 Nov 2021 Form 4 Insider Report for ALSP Orchid Acquisition Corp I

Signature
/s/ Thong Q. Le
Issuer symbol
N/A
Transactions as of
22 Nov 2021
Net transactions value
+$9,150,000
Form type
4
Filing time
18 Mar 2022, 17:04:15 UTC
Previous filing
18 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALOR Class A Ordinary Shares Purchase $8,250,000 +825,000 $10.00 825,000 22 Nov 2021 By ALSP Orchid Sponsor LLC F1, F2
transaction ALOR Class A Ordinary Shares Purchase $900,000 +90,000 +11% $10.00 915,000 23 Nov 2021 By ALSP Orchid Sponsor LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported Class A Ordinary Shares and warrants were purchased by ALSP Orchid Sponsor LLC in connection with a private placement offering of the Issuer. ASLP Orchid Sponsor LLC paid $10.00 for each private placement unit purchased. Each private placement unit consisted of one Class A Ordinary Share of the Issuer and one half of one warrant, with each whole warrant entitling the holder to purchase one Class A Ordinary Share at $11.50 per share.
F2 The securities reported herein are held of record by ALSP Orchid Sponsor LLC. Thong Q. Le and Ian A.W. Howes are the managers of ALSP Orchid Sponsor LLC, and as such, have voting and investment discretion with respect to the securities held by ALSP Orchid Sponsor LLC. Messrs. Le and Howes disclaim beneficial ownership over such shares except to the extent of their pecuniary interest therein.