Charles Urbain - Oct 20, 2021 Form 3 Insider Report for Thrive Acquisition Corp (THAC)

Role
COO, CFO, Director
Signature
/s/ Benjamin Kao as attorney in fact for Charles Urbain
Stock symbol
THAC
Transactions as of
Oct 20, 2021
Transactions value $
$0
Form type
3
Date filed
10/20/2021, 09:35 PM
Next filing
Mar 2, 2023

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 THAC Class B ordinary shares Oct 20, 2021 Class A ordinary shares 149K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the issuer's registration statement on Form S-1 (File No. 333-259418) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001, will automatically convert into Class A ordinary shares, par value $0.0001, of the issuer (a) at any time and from time to time at the option of the holders thereof, or (b) automatically at the time of the issuer's initial business combination transaction on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. The Class B ordinary shares beneficially owned by the Reporting Person includes up to 20,455 Class B ordinary shares subject to forfeiture to the issuer depending on the extent to which the underwriters' over-allotment option is exercised in connection with the issuer's initial public offering of units, as described in the registration statement.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney