4//SEC Filing
Singer Nicholas Jason 4
Accession 0001104659-22-057990
CIK 0001821318other
Filed
May 9, 8:00 PM ET
Accepted
May 10, 8:52 AM ET
Size
9.2 KB
Accession
0001104659-22-057990
Insider Transaction Report
Form 4
Singer Nicholas Jason
DirectorChief Executive Officer
Transactions
- Other
Warrants
2022-05-06−5,055,123→ 762,634 totalExercise: $11.50→ Class A Common Stock (5,055,123 underlying) - Other
Class B Common Stock
2022-05-06−884,161→ 1,727,677 total(indirect: See Footnote)→ Class A Common Stock (884,161 underlying)
Footnotes (4)
- [F1]As described in the OTR Acquisition Corp.'s registration statement on Form S-1 (File No. 333-248093) under the heading "Description of Securities," the Class B common stock, par value U.S. $0.0001 per share, of the issuer (the "Founder Shares") will automatically convert into Class A common stock of the issuer at the time of the issuer's initial business combination or earlier at the option of the holders thereof, on a one-for-one basis, subject to certain adjustments described therein, and have no expiration date.
- [F2]On May 6, 2022, OTR Acquisition Sponsor LLC (the "Sponsor") transferred an aggregate of 1,305,920 shares of Class B common stock, par value U.S. $0.0001 per share, of OTR Acquisition Corp. ("Founder Shares") and 5,817,757 warrants previously held by the Sponsor to certain members of the Sponsor, including 421,759 Founder Shares and 762,634 warrants to the reporting person.
- [F3]Includes (i) 421,759 Founder Shares held directly by the reporting person, (ii) 1,305,918 Founder Shares held directly by the reporting person. The reporting person is a managing member of the Sponsor. As such, the reporting person may be deemed to have beneficial ownership of such shares. The reporting person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- [F4]The warrants are not exercisable until 30 days after the issuer's initial business combination and expire five years from the consummation of the issuer's initial business combination.
Documents
Issuer
OTR Acquisition Corp.
CIK 0001821318
Entity typeother
Related Parties
1- filerCIK 0001828224
Filing Metadata
- Form type
- 4
- Filed
- May 9, 8:00 PM ET
- Accepted
- May 10, 8:52 AM ET
- Size
- 9.2 KB