John K. Delaney - Jul 21, 2021 Form 4 Insider Report for Berkshire Grey, Inc. (BGRY)

Role: Director
Signature: /s/ John K. Delaney
Stock symbol: BGRY
Transactions as of: Jul 21, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/23/2021, 04:19 PM
Next filing: Jun 27, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BGRY	Class A common stock	Conversion of derivative security		+3.74M			3.74M	Jul 21, 2021	By RAAC Management LLC	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	BGRY	Class B common stock	Conversion of derivative security		-3.74M	-100%		0	Jul 21, 2021	Class A common stock	3.74M		By RAAC Management LLC	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On July 21, 2021, the issuer consummated its initial business combination (the "Business Combination"). In connection with and at the time of the closing of the Business Combination, each share of Class B common stock of the issuer automatically converted into one share of Class A common stock of the issuer.
F2	RAAC Management LLC ("Sponsor") is the record holder of the shares reported herein. Acceleration Capital Management LLC ("ACM") is a member of Sponsor. John K. Delaney is the managing member of ACM. The members of Sponsor elect and remove its managers. As a result of the foregoing, Mr. Delaney may be deemed to beneficially own shares held by Sponsor. Mr. Delaney disclaims beneficial ownership of the shares held by Sponsor, except to the extent of his pecuniary interest therein.

Content

On July 21, 2021, the issuer consummated its initial business combination (the "Business Combination"). In connection with and at the time of the closing of the Business Combination, each share of Class B common stock of the issuer automatically converted into one share of Class A common stock of the issuer.

RAAC Management LLC ("Sponsor") is the record holder of the shares reported herein. Acceleration Capital Management LLC ("ACM") is a member of Sponsor. John K. Delaney is the managing member of ACM. The members of Sponsor elect and remove its managers. As a result of the foregoing, Mr. Delaney may be deemed to beneficially own shares held by Sponsor. Mr. Delaney disclaims beneficial ownership of the shares held by Sponsor, except to the extent of his pecuniary interest therein.