Li Jianwei 4
4 · TradeUP Global Corp · Filed May 5, 2021
Insider Transaction Report
Form 4
Li Jianwei
DirectorChief Financial Officer10% Owner
Transactions
- Exercise/Conversion
Class A Ordinary Shares
2021-05-03+850,000→ 1,065,000 total - Purchase
Class A Ordinary Shares
2021-05-03$10.00/sh+215,000$2,150,000→ 215,000 total - Exercise/Conversion
Class B Ordinary Shares
2021-05-03−850,000→ 240,000 total→ Class A Ordinary Shares (850,000 underlying)
Footnotes (5)
- [F1]TradeUP Global Sponsor LLC ("Sponsor") holds (i) 1,065,000 Class A Ordinary Shares, par value $0.0001 per share (the "Class A Shares"), of TradeUP Global Corporation (the "Issuer") and (ii) 240,000 Class B Ordinary Shares, par value $0.0001 per share (the "Class B Shares"), of the Issuer. Jianwei Li is the manager of Sponsor.
- [F2]On May 3, 2021 in connection with the Issuer's initial public offering, (i) Sponsor purchased from the Issuer 215,000 Class A Shares at a purchase price of $10.00 per share.
- [F3]In connection with the closing of the Issuer's initial public offering, on May 3, 2021, 850,000 Class B Shares were converted into Class A Shares.
- [F4]TradeUP Global Sponsor LLC is the record holder of the shares reported herein. Jianwei Li is the manager of TradeUP Global Sponsor LLC. As such. Mr. Li may be deemed to have beneficial ownership of the Class B ordinary shares held directly by TradeUP Global Sponsor LLC. Mr. Li disclaims beneficial ownership over any securities owned by our sponsor in which he does not have any pecuniary interest.
- [F5]The Class B Shares will automatically convert into Class A 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 has no expiration date.