4//SEC Filing
Gray Glenn Evan 4
Accession 0001104659-22-057996
CIK 0001821318other
Filed
May 9, 8:00 PM ET
Accepted
May 10, 8:56 AM ET
Size
8.5 KB
Accession
0001104659-22-057996
Insider Transaction Report
Form 4
Gray Glenn Evan
Director
Transactions
- Other
Warrants
2022-05-06+100,000→ 100,000 totalExercise: $11.50→ Class A Common Stock (100,000 underlying) - Other
Class B Common Stock
2022-05-06+22,123→ 22,123 total→ Class A Common Stock (22,123 underlying)
Footnotes (3)
- [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 22,123 Founder Shares and 100,000 warrants to the reporting person.
- [F3]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 0001829343
Filing Metadata
- Form type
- 4
- Filed
- May 9, 8:00 PM ET
- Accepted
- May 10, 8:56 AM ET
- Size
- 8.5 KB