James M. Travers - 16 Sep 2022 Form 4 Insider Report for DocGo Inc. (DCGO)

Role
Director
Signature
/s/ James M. Travers
Issuer symbol
DCGO
Transactions as of
16 Sep 2022
Net transactions value
$0
Form type
4
Filing time
23 Dec 2022, 08:15:18 UTC
Previous filing
28 Jul 2022
Next filing
20 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DCGO Common Stock Award +99,019 +23% 523,159 16 Sep 2022 By Travers Holdings LLC F1, F2
transaction DCGO Common Stock Disposed to Issuer $0 -7,131 -1.4% $0.000000 516,028 04 Nov 2022 By Travers Holdings LLC F2, F3

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 DCGO Warrants to purchase Common Stock Options Exercise -443,432 -100% 0 16 Sep 2022 Common Stock 99,019 $11.50 By Travers Holdings LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 15, 2022, pursuant to the Warrant Agreement, dated October 14, 2020 ("Warrant Agreement"), by and between Issuer and Continental Stock Transfer & Trust Company ("Continental"), Issuer issued a notice of mandatory redemption of all issued and outstanding warrants to acquire Common Stock. On September 16, 2022, immediately prior Issuer's redemption of warrants, Travers Holdings LLC exercised its 443,432 private warrants to acquire common stock on a cashless basis at a conversion ratio of 0.2233 shares of Common Stock per private warrant, as established pursuant to the terms of the Warrant Agreement.
F2 Securities are held by Travers Holdings LLC. Mr. Travers and Susan D. Travers are the managers of Travers Holdings and have shared voting and dispositive power over the securities of Issuer held by Travers Holdings. Mr. Travers and Susan D. Travers each disclaim beneficial ownership of these securities except to the extent of any pecuniary interest therein.
F3 Pursuant to Section 3.2(c)(i) of the Stock Escrow Agreement, dated August 15, 2021, by and among Issuer, Motion Acquisition LLC, and Continental Stock Transfer & Trust Company (as assigned from time to time), on November 4, 2022, Travers Holdings LLC forfeited 7,131 shares of Common Stock for no consideration.