Semper Paratus Sponsor LLC 4
4 · Semper Paratus Acquisition Corp · Filed Feb 1, 2023
Insider Transaction Report
Form 4
Semper Paratus Sponsor LLC
10% Owner
Transactions
- Conversion
Class A Ordinary Shares, par value $0.0001
2023-01-30+11,983,333→ 13,283,333 total - Conversion
Class B Ordinary Shares
2023-01-30−11,983,333→ 0 total→ Class A Ordinary Shares (11,983,333 underlying)
Footnotes (1)
- [F1]On January 30, 2023, the Reporting Person elected to convert the 11,983,333 Class B ordinary shares ("Class B Shares") of Semper Paratus Acquisition Corp (the "Issuer") held by the Reporting Person into Class A ordinary shares of the Issuer ("Class A Shares") on a one-for-one basis. As a result, 11,983,333 Class B Shares were cancelled and 11,983,333 Class A Shares were issued to the Reporting Person on January 30, 2023. Pursuant to the Amended and Restated Memorandum and Articles of Association of the Issuer, the Class B Shares shall convert into Class A Shares on a one-for-one basis: (a) at any time and from time to time at the option of the holders thereof; or (b) automatically on the day of the consummation of the issuer's initial business combination, subject to certain adjustments described therein.