Steven John Norris - 31 May 2023 Form 4 Insider Report for Pegasus Digital Mobility Acquisition Corp.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
02 Jun 2023, 15:03:15 UTC
Prior SEC filing
08 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Heath D. Linsky as attorney-in-fact for Steven Norris

Key filing fact

Steven John Norris filed Form 4 for Pegasus Digital Mobility Acquisition Corp. on 02 Jun 2023.

Key facts

  • This page summarizes Steven John Norris's Form 4 filing for Pegasus Digital Mobility Acquisition Corp..
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 02 Jun 2023, 15:03.

Change

  • Previous filing in this sequence was filed on 08 Nov 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PGSS transaction Derivative

Class B Ordinary Shares, par value 0.0001 per share

Other

Transaction value
Shares
-25,417
Change %
-45%
Price
Shares after
30,833
Date
31 May 2023
Ownership
Direct
Underlying class
Class AOrdinaryShares,parvalue0.0001pershare
Underlying amount
25,417
Exercise price
Footnotes
F1, F2
PGSS transaction Derivative

Ordinary Share Warrants (right to buy)

Other

Transaction value
Shares
+118,325
Change %
Price
Shares after
118,325
Date
31 May 2023
Ownership
Direct
Underlying class
Class AOrdinaryShares,parvalue0.0001pershare
Underlying amount
118,325
Exercise price
$11.50
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The Class B Ordinary Shares, par value $0.0001 per share ("Class B Shares") have no expiration date and (i) are convertible into Class A Ordinary Shares, par value $0.0001 per share ("Class A Shares"), ofPegasus Digital Mobility Acquisition Corp. (the "Issuer") at any time at the option of the holder on a one-for-one basis and (ii) will automatically convert into Class A Shares at the time of the Issuer's initialbusiness combination on a one-for-one basis, in each case, subject to adjustment as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (FileNo. 333-259860) (the "Registration Statement").

Footnote F2

In connection with the announcement of the business combination of Pegasus Digital Mobility Acquisition Corp. with Gebr. Schmid GmbH, and pursuant to a related sponsor agreement dated May 31, 2023 (the "Sponsor Agreement") by and among the directors and officers of the Issuer and Pegasus Digital Mobility Sponsor LLC, among others, an aggregate of 25,417 Class B Shares have been provided by Steven Norris for no additional consideration to use in negotiations of non-redemption agreements with certain holders of Pegasus Class A Shares, as well as to enter into additional PIPE subscription agreements. Any such shares not used for this purpose shall be cancelled at the time of the closing of the initial business combination.

Footnote F3

Pursuant to a warrant grant agreement among the Sponsor and the directors and officers of the Issuer dated May 31, 2023, the Sponsor agreed to transfer a certain number of warrants to the individual directors and officers of the Issuer for no additional consideration.

Footnote F4

Each Private Placement Warrant of the Issuer reported herein entitles the holder thereof to purchase one Class A Share at a price of $11.50 per share, subject to adjustment as described in the RegistrationStatement. The Private Placement Warrants will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the Issuer's initialbusiness combination or earlier upon redemption or the Issuer's liquidation, as described in the Registration Statement.

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