FRIEDLAND ROBERT M 4
4 · SES AI Corp · Filed Feb 7, 2022
Insider Transaction Report
Form 4
SES AI CorpSES
FRIEDLAND ROBERT M
DirectorChairman and CEO
Transactions
- Conversion
Class A Common Stock
2022-02-03+200,000→ 200,000 total - Purchase
Class A Common Stock
2022-02-04$7.57/sh+40,000$302,800→ 240,000 total - Conversion
Class A Ordinary Shares
2022-02-03−200,000→ 0 total→ Class A Ordinary Shares (200,000 underlying) - Conversion
Public Warrants
2022-02-03−79,166→ 0 totalExercise: $11.50From: 2022-03-05Exp: 2027-02-03→ Class A Ordinary Shares (79,166 underlying) - Conversion
Public Warrants
2022-02-03+79,166→ 79,166 totalExercise: $11.50From: 2022-03-05Exp: 2027-02-03→ Class A Common Stock (79,166 underlying)
Footnotes (3)
- [F1]In connection with the consummation of the transactions contemplated by the Business Combination Agreement, dated July 12, 2021 (as amended on September 20, 2021), by and among Ivanhoe Capital Acquisition Corp. ("Ivanhoe"), Wormhole Merger Sub Pte. Ltd. and SES Holdings Pte. Ltd. (the transactions contemplated thereby, the "Business Combination"), Ivanhoe domesticated as a Delaware corporation (the "Domestication") and changed its name to "SES AI Corporation" ("New SES"). In connection with the Domestication, the reporting person's Class A ordinary shares, par value $0.0001 per share, of Ivanhoe were automatically converted into shares of Class A common stock of New SES, par value $0.0001 per share, on a one-for-one basis.
- [F2]The price reported in Column 4 is a weighted average price. These shares of Class A common stock of New SES were purchased in multiple transactions at prices ranging from $6.94 to $8.16. The reporting person undertakes to provide to New SES, any security holder thereof or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A common stock purchased at each separate price within the ranges set forth in this footnote.
- [F3]In connection with the consummation of the Business Combination and the Domestication, the reporting person's public warrants of Ivanhoe were automatically converted into warrants to purchase shares of Class A common stock of New SES at an exercise price of $11.50 per whole share, subject to adjustment, on a one-for-one basis.