LIPSHER ANDREW B 4
4 · TortoiseEcofin Acquisition Corp. III · Filed Sep 12, 2023
Insider Transaction Report
Form 4
LIPSHER ANDREW B
Director
Transactions
- Other
Class B Ordinary Shares
2023-09-08+20,000→ 20,000 total→ Class A Ordinary Shares (20,000 underlying)
Footnotes (2)
- [F1]The Class B Ordinary Shares are automatically convertible into the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The Class B Ordinary Shares are subject to forfeiture under certain circumstances relating to Mr. Lipsher's service on the Issuer's Board of Directors.
- [F2]Pursuant to a share transfer agreement, the shares were assigned by a former director of the Issuer to the reporting person for no consideration.