Altitude Acquisition Holdco LLC 4
4 · Altitude Acquisition Corp. · Filed Apr 18, 2023
Insider Transaction Report
Form 4
Altitude Acquisition Holdco LLC
Director10% OwnerOther
Transactions
- Conversion
Class A Common Stock
2023-04-07+7,500,000→ 7,500,000 total - Conversion
Class B Common Stock
2023-04-07−7,500,000→ 0 total→ Class A Common Stock (7,500,000 underlying)
Footnotes (3)
- [F1]In accordance with the amended and restated certificate of incorporation of Altitude Acquisition Corp. ("ALTU"), the Reporting Person elected to convert its Class B Common Stock into Class A Common Stock on a one-for-one basis for no consideration.
- [F2]The Class B Common Stock was (i) convertible into Class A Common Stock at the Reporting Person's election on a one-for-one basis and (ii) automatically convertible into Class A Common Stock at the time of the closing of ALTU's initial business combination on a one-for-one basis, in each case subject to adjustment pursuant to certain anti-dilution rights, and had no expiration date.
- [F3]Altitude Acquisition Holdco LLC is the record holder of the securities reported herein. Gary Teplis is the sole managing member of Altitude Acquisition Holdco LLC and has voting and investment discretion with respect to the securities held of record by Altitude Acquisition Holdco LLC. Mr. Teplis disclaims any beneficial ownership of the securities held by Altitude Acquisition Holdco LLC other than to the extent of any pecuniary interest he may have therein, directly or indirectly.