Tarek Tabsh - 27 Feb 2023 Form 4 Insider Report for Relativity Acquisition Corp

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
01 Mar 2023, 13:04:56 UTC
Prior SEC filing
17 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Tarek Tabsh, Manager, on behalf of Relativity Acquisition Sponsor LLC

Key filing fact

Tarek Tabsh filed Form 4 for Relativity Acquisition Corp on 01 Mar 2023.

Key facts

  • This page summarizes Tarek Tabsh's Form 4 filing for Relativity Acquisition Corp.
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 01 Mar 2023, 13:04.

Change

  • Previous filing in this sequence was filed on 17 Feb 2022.
  • 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.

RACY transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+2,500,380
Change %
+382%
Price
Shares after
3,154,130
Date
27 Feb 2023
Ownership
See footnote
Footnotes
F1, F2, F3

Reported derivative securities

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

RACY transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
Shares
-2,500,380
Change %
-100%
Price
Shares after
1
Date
27 Feb 2023
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
2,500,380
Exercise price
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The shares of Class B common stock of the issuer, par value $0.0001 per share ("Class B Common Stock"), are convertible into an equal number of shares of Class A common stock of the issuer, par value $0.0001 per share ("Class A Common Stock"), and have no expiration date. On February 27, 2023, Relativity Acquisition Sponsor LLC (the "Sponsor") elected to convert 3,033,905 shares of their Class B Common Stock into shares of Class A Common Stock. After such conversion, the Sponsor held 3,033,905 shares of Class A Common Stock and one share of Class B Common Stock. The Sponsor then transferred 533,525 shares of Class A Common Stock to certain members of the Sponsor. Subsequent to those transfers, the Sponsor holds 2,500,380 shares of Class A Common Stock and one share of Class B Common Stock.

Footnote F2

Includes 653,750 shares of Class A Common Stock underlying private placement units (each unit consisting of one share of Class A Common Stock and one redeemable warrant, each whole warrant exercisable to purchase one share of Class A Common Stock) held by the Sponsor, acquired in connection with the issuer's initial public offering. Does not include one share of Class B Common Stock held by the Sponsor, which will automatically convert into one share of Class A Common Stock at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights.

Footnote F3

The securities reported herein are held of record by the Sponsor. Tarek Tabsh, the Chief Executive Officer and a director of the issuer, is the managing member of the Sponsor and has voting and investment discretion with respect to the securities held by the Sponsor. As such, Mr. Tabsh may be deemed to possess beneficial ownership of the securities held directly by the Sponsor. Mr. Tabsh disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

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