4//SEC Filing
HENNESSY DANIEL J 4
Accession 0000905148-23-001172
CIK 0001851909other
Filed
Oct 22, 8:00 PM ET
Accepted
Oct 23, 5:16 PM ET
Size
12.1 KB
Accession
0000905148-23-001172
Insider Transaction Report
Form 4
HENNESSY DANIEL J
Director10% Owner
Transactions
- Conversion
Class A Ordinary Shares
2023-10-19+393,337→ 393,337 total(indirect: See Footnote) - Disposition to Issuer
Class B Ordinary Shares
2023-10-19−3,093,036→ 0 total(indirect: See Footnote) - Conversion
Class B Ordinary Shares
2023-10-19−393,337→ 2,699,699 total(indirect: See Footnote)→ Class A Ordinary Shares (393,337 underlying) - Award
Class B Ordinary Shares
2023-10-19+3,093,036→ 3,093,036 total(indirect: See Footnote)→ Class A Ordinary Shares (3,093,036 underlying)
Footnotes (3)
- [F1]On October 19, 2023, at an extraordinary general meeting of shareholders, a majority of the Issuer's shareholders voted to approve a proposal to permit holders of Class B Ordinary Shares to convert their Class B Ordinary Shares into Class A Ordinary Shares on a one-for-one basis at any time and from time to time prior to the consummation of the Issuer's initial business combination. As such, this Form 4 reports the disposition of the Class B Ordinary Shares initially reported in Table I, which were not convertible until following the consummation of the Issuer's initial business combination, and the acquisition of the Class B Ordinary Shares reported in Table II, which are currently convertible, at the option of the holder, into Class A Ordinary Shares on a one-for-one basis at any time and from time to time prior to the consummation of the Issuer's initial business combination. The Class B Ordinary Shares have no expiration date.
- [F2]These shares are held directly by HCG Opportunity, LLC ("HCG Opportunity"). HCG Opportunity MM, LLC ("HCG Opportunity MM") is the sole member of HCG Opportunity. The Reporting Person is a co-member of HCG Opportunity MM and disclaims beneficial ownership of the shares held by HCG Opportunity, except to the extent of his pecuniary interest therein.
- [F3]The Class B Ordinary Shares are convertible, at the option of the holder, into Class A Ordinary Shares on a one-for-one basis, for no additional consideration, and have no expiration date.
Documents
Issuer
Compass Digital Acquisition Corp.
CIK 0001851909
Entity typeother
Related Parties
1- filerCIK 0001519536
Filing Metadata
- Form type
- 4
- Filed
- Oct 22, 8:00 PM ET
- Accepted
- Oct 23, 5:16 PM ET
- Size
- 12.1 KB