Aura FAT Projects Capital LLC - Apr 12, 2022 Form 3 Insider Report for Aura Fat Projects Acquisition Corp (AFAR)

Role
10%+ Owner
Signature
Andrew M. Tucker
Stock symbol
AFAR
Transactions as of
Apr 12, 2022
Transactions value $
$0
Form type
3
Date filed
4/14/2022, 07:24 PM

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 AFAR Class B Common Stock Apr 12, 2022 Class A Common Stock 2.88M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class B common stock have no expiration date and will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment as set forth in the issuer's registration statement on Form S-1 (File No. 333-263717).
F2 Includes up to 375,000 shares subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised, if at all.
F3 This Form 3 is being filed by Aura FAT Projects Capital LLC, the sponsor of the issuer (the "Sponsor"). David Andrada, the issuer's co-chief executive officer, is the manager of the Sponsor. Mr. Andrada may be deemed to beneficially own shares held by the Sponsor by virtue of his control over the Sponsor. Mr. Andrada disclaims beneficial ownership of the shares of the issuer's Class B common stock held by the Sponsor, except to the extent of his respective pecuniary interest.