Smith Craig Lindsay 4
4 · AlTi Global, Inc. · Filed Apr 4, 2024
Insider Transaction Report
Form 4
Smith Craig Lindsay
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-03-11+75,000→ 142,362.28 total - Disposition to Issuer
Class A Common Stock
2024-04-02$5.05/sh−106,102.28$535,817→ 36,260 total - Exercise/Conversion
Class B Common Stock
2024-03-11−75,000→ 2,072,165 total→ Class A Common Stock (75,000 underlying)
Footnotes (1)
- [F1]Each Class B Unit (a "Class B Unit") of AlTi Global Capital, LLC ("Umbrella") is paired with a share of Class B Common Stock of the Issuer ("Class B Common Stock", and together with a Class B Unit, a "Paired Interest"). Pursuant to the Third Amended and Restated Limited Liability Agreement, dated as of July 31, 2023 (as amended from time to time, the "LLC Agreement"), of Umbrella, a Paired Interest is exchangeable at any time for a share of Class A Common Stock of the Issuer ("Class A Common Stock") on a one-for-one basis, subject to equitable adjustments for stock splits, stock dividends and reclassifications. As the holder exchanges the Paired Interests pursuant to the LLC Agreement, the shares of Class B Common Stock included in the Paired Interests will automatically be canceled and the Class B Common Units included in the Paired Interests shall be automatically transferred to the Issuer and converted into and become an equal number of Class A Common Units in Umbrella.