David B. Williams - Dec 15, 2022 Form 4 Insider Report for Williams Rowland Acquisition Corp. (WRAC)

Role
Co- Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ David B. Williams
Stock symbol
WRAC
Transactions as of
Dec 15, 2022
Transactions value $
$7,564,761
Form type
4
Date filed
12/19/2022, 04:31 PM
Previous filing
Aug 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRAC Common Stock Purchase $2.16M +210K $10.28 210K Dec 15, 2022 In Trust
transaction WRAC Common Stock Purchase $3.08M +300K +142.59% $10.28 510K Dec 16, 2022 In Trust
transaction WRAC Common Stock Purchase $2.32M +232K $10.01 232K Dec 19, 2022 By LLC
holding WRAC Common Stock 2.65M Dec 15, 2022 Through LLC

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 WRAC Warrants to purchase Common Stock 4.95M Dec 15, 2022 Common Stock 4.95M $11.50 Through LLC F1, F2, F3
holding WRAC Warrants to purchase Common Stock 600K Dec 15, 2022 Common Stock 600K $11.50 Through LLC F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The warrants become exercisable on the later of (i) 30 days after the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering.
F2 The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.
F3 Warrants are owned directly by Williams Rowland Sponsor LLC of which David Williams is the sole manager.