Joseph Adir - 21 Jun 2021 Form 4 Insider Report for OceanTech Acquisitions I Corp.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
07 Jul 2021, 16:32:27 UTC
Prior SEC filing
27 May 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Amanda Mei, Power of Attorney For: Joseph Adir

Key filing fact

Joseph Adir filed Form 4 for OceanTech Acquisitions I Corp. on 07 Jul 2021.

Key facts

  • This page summarizes Joseph Adir's Form 4 filing for OceanTech Acquisitions I Corp..
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 07 Jul 2021, 16:32.

Change

  • Previous filing in this sequence was filed on 27 May 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 non-derivative transactions

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

OTEC transaction

Class B Common Stock

Other

Transaction value
$0
Shares
-293,500
Change %
-10%
Price
$0.000000
Shares after
2,581,500
Date
21 Jun 2021
Ownership
See footnote
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On June 21, 2021, OceanTech Acquisitions I Sponsors LLC (the "Sponsor") forfeited at no cost 293,500 shares of common stock of the Issuer in connection with the election by the underwriter of the Issuer's initial public offering of units to exercise an option granted to them to cover over-allotments in part and not in full. This transaction is late due to an inadvertent administrative error and not any error of the Reporting Person.

Footnote F2

These shares represent 2,581,500 shares of Class B common stock of the issuer held by the Sponsor. Joseph Adir is the managing member of the Sponsor. As such, the Reporting Person may be deemed to have beneficial ownership of such shares. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

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