Seaport Global SPAC II, LLC 4
4 · Seaport Global Acquisition II Corp. · Filed Feb 16, 2023
Insider Transaction Report
Form 4
Seaport Global SPAC II, LLC
10% Owner
Transactions
- Conversion
Class A common stock, $0.0001 par value
2023-02-16+3,393,750→ 3,393,750 total - Gift
Class B Common Stock
2023-02-14−200,000→ 3,393,750 totalExercise: $0.00→ Class A Common Stock (200,000 underlying) - Conversion
Class B Common Stock
2023-02-16−3,393,750→ 0 totalExercise: $0.00→ Class A Common Stock (3,393,750 underlying)
Footnotes (2)
- [F1]On February 14, 2023, the reporting person contributed 200,000 shares of Class B Common Stock to the Issuer's IPO Trust Account, for the benefit of the public shares that were not redeemed by the public shareholders in connection with the special meeting of shareholders held on February 13, 2023.
- [F2]As described in the Issuer's Current Report on Form 8-K filed with the Securities Exchange Commission on February 15, 2023, the Issuer's amended and restated certificate of incorporation was amended to provide that the shares of Class B common stock may be converted into shares of Class A common stock on a one-for-one basis prior to the closing of a business combination at the election of the holder. On February 14, 2023, the reporting person elected to convert its shares of Class B common stock into shares of Class A common stock.