Steven M. Wasserman - Feb 8, 2022 Form 3 Insider Report for byNordic Acquisition Corp (BYNO)

Role
Director
Signature
/s/ Steven Wasserman
Stock symbol
BYNO
Transactions as of
Feb 8, 2022
Transactions value $
$0
Form type
3
Date filed
2/18/2022, 01:11 PM
Next filing
May 4, 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 BYNO Class B Common Stock Feb 8, 2022 Class A Common Stock 133K Direct F1, F2
* 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. 333-248488) (the "Registration Statement") under the heading "Description of Securities--Founder Shares," the shares of Class B Common Stock, par value $0.0001 per share ("Class B Common Stock"), will automatically be converted into shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
F2 These shares represent Class B Common Stock held by Steven Wasserman that were acquired pursuant to a Securities Assignment Agreement by and between Water by Nordic AB and Steven Wasserman after giving effect to subsequent stock dividends on such Class B Common Stock. The Class B Common Stock held by Steven Wasserman includes up to 17,408 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option as described in the issuer's registration statement.