de Jong Brent 4
4 · Kalera Public Ltd Co · Filed Jul 1, 2022
Insider Transaction Report
Form 4
de Jong Brent
Director
Transactions
- Other
Warrants
2022-06-28$10.00/sh+6,171,875$61,718,750→ 6,171,875 total(indirect: See Footnote)Exercise: $11.50→ Common Stock (6,171,875 underlying) - Award
Common Stock
2022-06-28+1,796,875→ 1,796,875 total(indirect: See Footnote)
Footnotes (3)
- [F1]Pursuant to the business combination of Agrico Acquisition Corp. ("Agrico"), Figgreen Limited and Kalera AS ("Legacy Kalera"), each share of Legacy Kalera held by the reporting person was converted into the right to receive a number shares of the Issuer's Common Stock based on the exchange ratio of 0.181 in accordance with the terms of the business combination agreement.
- [F2]Such warrants become exercisable on the later of (i) the closing of the transactions contemplated under the business combination agreement, or (ii) 12 months from the date of the closing of the Agrico IPO.
- [F3]Held by DJCAAC LLC. Brent de Jong is sole managing member of DJCAAC LLC and has voting and investment discretion with respect to the ordinary shares held of record by DJCAAC LLC. Mr. de Jong disclaims any beneficial ownership of any shares held by DJCAAC LLC, except to the extent of his pecuniary interest therein.