Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | IGAC | Equity Swap | Nov 8, 2022 | Common Stock Class A | 1 | See footnote | F1, F2, F3, F4 | |||||||
holding | IGAC | Equity Swap | Nov 8, 2022 | Common Stock Class A | 265K | See footnote | F2, F3, F4, F5 |
Id | Content |
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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. |