Timothy P. Sheehy - Apr 17, 2024 Form 4 Insider Report for Bridger Aerospace Group Holdings, Inc. (BAER)

Role
CEO & Co-Founder, Director, 10%+ Owner
Signature
/s/ James Muchmore, attorney-in-fact for Timothy P. Sheehy
Stock symbol
BAER
Transactions as of
Apr 17, 2024
Transactions value $
$500,000
Form type
4
Date filed
4/19/2024, 08:21 PM
Previous filing
May 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAER Common Stock Award $500K +101K +4.85% $4.95 2.18M Apr 17, 2024 See footnotes F1, F2, F5
holding BAER Common Stock 6.05M Apr 17, 2024 See footnotes F3, F5
holding BAER Common Stock 1.9M Apr 17, 2024 See footnotes F4, F5
holding BAER Common Stock 2.01M Apr 17, 2024 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common shares reported on this Form 4 were purchased directly from the Issuer in a registered direct offering (the "RDO") at a price of $4.95, for an aggregate purchase price of $499,999.50 pursuant to a Securities Purchase Agreement (the "SPA") dated April 15, 2024.
F2 These shares are held directly by Turtle Lake Holding Company, LLC, which is managed by the Reporting Person.
F3 These shares are held directly by Timothy P. Sheehy Revocable Trust, of which the Reporting Person is the sole trustee.
F4 These shares are held directly by ElementCompany, LLC, which is co-managed by the Reporting Person and Matthew Sheehy, a director of the Issuer.
F5 The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Act"), except to the extent of the Reporting Person's pecuniary interest therein, if any, and the filing of this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Act or for any other purpose.
F6 Representing 263,833 shares of common stock that are vested and settled, 1,219,527 RSUs that are vested and unsettled, and 522,655 RSUs that are unvested and unsettled.