GOLDMAN SACHS GROUP INC - 08 Nov 2022 Form 3/A - Amendment Insider Report for IG Acquisition Corp.

Role
10%+ Owner
Signature
/s/ Jamison Yardley, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
08 Nov 2022
Net transactions value
$0
Form type
3/A - Amendment
Filing time
21 Dec 2022, 18:53:43 UTC
Date Of Original Report
12 Dec 2022
Previous filing
15 Sep 2022
Next filing
15 Nov 2022
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 IGAC Equity Swap 08 Nov 2022 Common Stock Class A 1 See footnote F1, F2, F3, F4
holding IGAC Equity Swap 08 Nov 2022 Common Stock Class A 265,000 See footnote F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Goldman Sachs is a party to an equity swap agreement which, upon the termination of the agreement on December 16, 2022, Goldman Sachs will pay to the counterparty any increase in the price of the Common Shares above $9.78 per share and the counterparty will pay to Goldman Sachs any decrease in the price of the Common Shares below $9.78 per share, in each case, based on a notional amount of 1 Common Share.
F2 These equity swaps were omitted from the Reporting Persons' original Form 3.
F3 The equity swaps reported herein are beneficially owned directly by Goldman Sachs and indirectly by GS Group.
F4 This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC ("Goldman Sachs" and together with GS Group, the "Reporting Persons"). Goldman Sachs is a subsidiary of GS Group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
F5 Goldman Sachs is a party to an equity swap agreement which, upon the termination of the agreement on December 8, 2025, Goldman Sachs will pay to the counterparty any increase in the price of the Common Shares above $9.84 per share and the counterparty will pay to Goldman Sachs any decrease in the price of the Common Shares below $9.84 per share, in each case, based on a notional amount of 265,000 Common Shares.