Glauco Lolli-Ghetti - Dec 20, 2021 Form 3 Insider Report for Sagaliam Acquisition Corp (SAGA)

Role
Director
Signature
/s/ Glauco Lolli-Ghetti
Stock symbol
SAGA
Transactions as of
Dec 20, 2021
Transactions value $
$0
Form type
3
Date filed
12/21/2021, 11:37 AM

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 SAGA Class B Common Stock Dec 20, 2021 Class A Common Stock 25K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the registrant's registration statement on Form S-1 (File No. 333- 256473) under the heading "Description of Securities--Founder Shares and Private Placement Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the registrant's initial business combination on a one-for-one basis subject to certain adjustments.