Sponsor Two - 29 Mar 2021 Form 4 Insider Report for two

Reporting relationship: 10%+ Owner
Issuer ticker: N/A
Reported as of: 29 Mar 2021
Net transaction value: +$6,287,500
SEC form: 4
Accepted by SEC: 04 Jan 2023, 15:37:53 UTC
Source filing: View source filing
Reporting owner signature: /s/ Troy B. Steckenrider III, Managing Member

Key filing fact

Sponsor Two filed Form 4 for two on 04 Jan 2023.

Key facts

This page summarizes Sponsor Two's Form 4 filing for two.
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 04 Jan 2023, 15:37.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: +$6,287,500.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TWOA transaction

Class A Ordinary Shares

Purchase

Transaction value: $6,000,000
Shares: +600,000
Change %
Price: $10.00
Shares after: 600,000
Date: 29 Mar 2021
Ownership: Direct
Footnotes: F1

TWOA transaction

Class A Ordinary Shares

Purchase

Transaction value: $287,500
Shares: +28,750
Change %: +4.8%
Price: $10.00
Shares after: 628,750
Date: 13 Apr 2021
Ownership: Direct
Footnotes: F2

TWOA transaction

Class A Ordinary Shares

Other

Transaction value: $0
Shares: -628,750
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 30 Dec 2022
Ownership: Direct
Footnotes: F3

Reported derivative securities

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

TWOA transaction Derivative

Class B Ordinary Shares

Other

Transaction value: $0
Shares: -390,625
Change %: -6.9%
Price: $0.000000
Shares after: 5,254,375
Date: 19 Apr 2021
Ownership: Direct
Underlying class: Class A Ordinary Shares
Underlying amount: 390,625
Exercise price
Footnotes: F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

As described in the issuer's registration statement on Form S-1 (File No. 333-253802) ("Form S-1"), the Class A ordinary shares, par value $0.0001 per share ("Class A Ordinary Shares"), were purchased in a private placement that occurred simultaneously with the closing of the issuer's initial public offering.

Footnote F2

On April 13, 2021, the underwriter partially exercised its over-allotment option and purchased an additional 1,437,500 Class A Ordinary Shares. In connection with the partial exercise of the over-allotment option, the Reporting Person purchased additional Class A Ordinary Shares in a private placement.

Footnote F3

The Reporting Person surrendered all Class A Ordinary Shares for no consideration.

Footnote F4

As described in the issuer's Form S-1 under the heading "Description of Securities-Founder Shares," the Class B ordinary shares, par value $0.0001 per share ("Class B Ordinary Shares"), of the issuer will automatically convert into Class A Ordinary Shares of the issuer at the time of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments, and have no expiration date.

Footnote F5

In connection with the partial exercise of the underwriter's over-allotment option as described herein, the Reporting Person surrendered 390,625 Class B Ordinary Shares for no consideration.