Jaime Vieser - Dec 12, 2024 Form 4 Insider Report for Mountain Lake Acquisition Corp. (MLAC)

Role
Director
Signature
/s/ Jaime Vieser
Stock symbol
MLAC
Transactions as of
Dec 12, 2024
Transactions value $
$0
Form type
4
Date filed
12/16/2024, 08:23 PM
Previous filing
Jun 10, 2024
Next filing
Jan 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLAC Class A Ordinary Share, par value $0.0001 per share Purchase +25K 25K Dec 16, 2024 See Footnote F1, F2

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 MLAC Class B ordinary shares, par value $0.0001 per share Award +65.2K +5.07% 1.35M Dec 12, 2024 Class A ordinary shares 65.2K See Footnote F3, F4, F6
transaction MLAC Class B ordinary shares, par value $0.0001 per share Disposed to Issuer -65.2K -4.83% 1.29M Dec 16, 2024 Class A ordinary shares 65.2K See Footnote F3, F5, F6
transaction MLAC Rights to receive Class A Ordinary Shares Purchase +25K 25K Dec 16, 2024 Class A Ordinary Share, par value $0.0001 per share 25K See Footnote F1, F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects private units owned by Mountain Lake Acquisition Sponsor LLC, the Issuer's sponsor (the "Sponsor"), in which the reporting person has a pecuniary interest. The private units consist of Class A ordinary shares and rights.
F2 The private units were purchased at $10.00 per unit.
F3 As described in the registration statement on Form S-1 (File No. 333-281410) of the Issuer under the heading "Description of Securities--Founder Shares," the shares of Class B ordinary shares will automatically convert into shares of Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments.
F4 Reflects the issuance of bonus shares on December 12, 2024 in connection with the upsize of the Issuer's initial public offering.
F5 Reflects the forfeiture of shares because the Issuer's over-allotment option was only partially exercised by the underwriters.
F6 Reflects the Class B ordinary shares owned by the Sponsor in which the reporting person has a pecuniary interest.
F7 The rights convert automatically into Class A ordinary shares at the completion of the Issuer's initial business combination.