Alan Kessler - 06 Dec 2023 Form 3 Insider Report for African Agriculture Holdings Inc.

Role
Chief Executive Officer, Director
Signature
/s/ Alan Kessler
Issuer symbol
N/A
Transactions as of
06 Dec 2023
Net transactions value
$0
Form type
3
Filing time
18 Dec 2023, 17:11:03 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AAGR Common Stock 6,160 06 Dec 2023 Direct
holding AAGR Common Stock 763 06 Dec 2023 See Footnote F1
holding AAGR Common Stock 6,755 06 Dec 2023 See Footnote F2
holding AAGR Common Stock 2,356,496 06 Dec 2023 See Footnote F2, F3
holding AAGR Common Stock 2,661,968 06 Dec 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of shares of common stock, par value $0.0001 per share ("Common Stock") held of record by Mr. Kessler's wife, Gillian Kessler.
F2 Consists of shares held by African Discovery Group, Inc. ("ADG"). Mr.. Kessler is the Chief Executive Officer and majority stock holder of ADG and has voting and dispositive power with respect to the shares owned by ADG. Mr. Kessler disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
F3 Represents shares of Common Stock underlying restricted stock units ("RSUs") that fully vest as of March 1, 2024, subject to continued service through such vesting date.
F4 Represents shares of Common Stock underlying RSUs that fully vest as of November 27, 2028, subject to continued service through such vesting date.

Remarks:

See Exhibit 24.1 - Power of Attorney.