Preeta Chidambaran - Apr 16, 2024 Form 3 Insider Report for Arrowroot Acquisition Corp. (AILE)

Role
10%+ Owner
Signature
By /s/ David Samuels, Attorney-in-Fact
Stock symbol
AILE
Transactions as of
Apr 16, 2024
Transactions value $
$0
Form type
3
Date filed
4/18/2024, 09:39 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AILE Common Stock 18.8M Apr 16, 2024 Direct F1
holding AILE Common Stock 78M Apr 16, 2024 By Spouse F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 4,561,014 shares of restricted stock which vest in 10 equal annual installments beginning on April 16, 2025. Under the terms of the relevant restricted stock purchase agreement, the relevant reported shares of restricted stock may not be transferred without the consent of the Issuer and are subject to a repurchase right in favor of the Issuer.
F2 Includes 27,590,898 shares of restricted stock which vest in 10 equal annual installments beginning on April 16, 2025. Under the terms of the relevant restricted stock purchase agreement, the relevant reported shares of restricted stock may not be transferred without the consent of the Issuer and are subject to a repurchase right in favor of the Issuer.
F3 The securities are held by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.