Goldman Sachs Group Inc - Mar 6, 2023 Form 4 Insider Report for Newcourt Acquisition Corp (NCAC)

Role
10%+ Owner
Signature
/s/ Jamison Yardley, Attorney-in-fact
Stock symbol
NCAC
Transactions as of
Mar 6, 2023
Transactions value $
-$39,664
Form type
4
Date filed
3/8/2023, 08:30 PM
Previous filing
Mar 8, 2023
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCAC Common Stock Sale -$39.7K -3.75K -100% $10.58 0 Mar 6, 2023 See Footnote F1, F2

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
transaction NCAC Equity Swap Purchase +3.75K 0 Mar 6, 2023 Common stock 3.75K See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The securities of the Issuer reported herein is beneficially owned directly by Goldman Sachs and indirectly by GS Group.
F3 Goldman Sachs was a party to an equity swap agreement which, upon the originally agreed termination of the agreement on December 15, 2026 Goldman Sachs would receive from the counterparty any decrease in the price of the Common Stock below $10.14 per share and the counterparty would receive from Goldman Sachs any increase in the price of the Common Stock above $10.14 per share, in each case, based on a notional amount of 3,749 shares of Common Stock.