Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TRTL | Class B Ordinary Shares | Other | $0 | +40K | $0.00 | 40K | Jul 19, 2021 | Class A Ordinary Shares | 40K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The Class B Ordinary Shares are automatically convertible into the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The Class B Ordinary Shares are subject to forfeiture under certain circumstances relating to Mr. Clinton's service on the Issuer's Board of Directors. |
F2 | In connection with the Issuer's initial public offering and Mr. Clinton's appointment to the Issuer's Board of Directors, the Issuer issued 40,000 Class B Ordinary Shares to Mr. Clinton. |