4//SEC Filing
Doherty John N. 4
Accession 0001104659-23-067481
CIK 0001861541other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 3:07 PM ET
Size
9.9 KB
Accession
0001104659-23-067481
Insider Transaction Report
Form 4
Doherty John N.
Director
Transactions
- Other
Ordinary Share Warrants (right to buy)
2023-05-31+118,325→ 118,325 totalExercise: $11.50→ Class AOrdinaryShares,parvalue0.0001pershare (118,325 underlying) - Other
Class B Ordinary Shares, par value 0.0001 per share
2023-05-31−25,417→ 30,833 total→ Class AOrdinaryShares,parvalue0.0001pershare (25,417 underlying)
Footnotes (4)
- [F1]The Class B Ordinary Shares, par value $0.0001 per share ("Class B Shares") have no expiration date and (i) are convertible into Class A Ordinary Shares, par value $0.0001 per share ("Class A Shares"), ofPegasus Digital Mobility Acquisition Corp. (the "Issuer") at any time at the option of the holder on a one-for-one basis and (ii) will automatically convert into Class A Shares at the time of the Issuer's initialbusiness combination on a one-for-one basis, in each case, subject to adjustment as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (FileNo. 333-259860) (the "Registration Statement").
- [F2]In connection with the announcement of the business combination of Pegasus Digital Mobility Acquisition Corp. with Gebr. Schmid GmbH, and pursuant to a related sponsor agreement dated May 31, 2023 (the "Sponsor Agreement") by and among the directors and officers of the Issuer and Pegasus Digital Mobility Sponsor LLC, among others, an aggregate of 25,417 Class B Shares have been provided by John N. Doherty for no additional consideration to use in negotiations of non-redemption agreements with certain holders of Pegasus Class A Shares, as well as to enter into additional PIPE subscription agreements. Any such shares not used for this purpose shall be cancelled at the time of the closing of the initial business combination.
- [F3]Pursuant to a warrant grant agreement among the Sponsor and the directors and officers of the Issuer dated May 31, 2023, the Sponsor agreed to transfer a certain number of warrants to the individual directors and officers of the Issuer for no additional consideration.
- [F4]Each Private Placement Warrant of the Issuer reported herein entitles the holder thereof to purchase one Class A Share at a price of $11.50 per share, subject to adjustment as described in the RegistrationStatement. The Private Placement Warrants will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the Issuer's initialbusiness combination or earlier upon redemption or the Issuer's liquidation, as described in the Registration Statement.
Documents
Issuer
Pegasus Digital Mobility Acquisition Corp.
CIK 0001861541
Entity typeother
Related Parties
1- filerCIK 0001645756
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 3:07 PM ET
- Size
- 9.9 KB