BATTAGLIA FABRIZIO 4
4 · Chavant Capital Acquisition Corp. · Filed Dec 26, 2023
Insider Transaction Report
Form 4
BATTAGLIA FABRIZIO
DirectorChief Executive Officer
Transactions
- Award
Class A Common Stock
2023-12-21+323,529→ 323,529 total - Award
Class B Common Stock
2023-12-21+125,000→ 125,000 total(indirect: By Trust)→ Class A Common Stock (125,000 underlying) - Award
Class A Common Stock
2023-12-21+318,204→ 318,204 total(indirect: By Trust)
Footnotes (3)
- [F1]Received in connection with the business combination (the "Business Combination") by and between Chavant Capital Acquisition Corp., CLAY Merger Sub II, Inc. and Mobix Labs, Inc. in accordance with the terms of the Business Combination Agreement dated as of November 15, 2022, which closed on December 21, 2023 ("Closing Date"). At the Closing Date, the Reporting Person acquired these shares in exchange for the same number of certain equity interests of Mobix Labs, Inc. held immediately prior to the Closing, which were automatically converted into a number of shares of Class A Common Stock.
- [F2]The Reporting Person is a trustee of this trust. The Reporting Person disclaims beneficial ownership of the securities held by this trust except to the extent of his respective pecuniary interest therein.
- [F3]At the Closing Date, the Reporting Person acquired these shares in exchange for the same number of shares of preferred stock, which includes Series A Preferred Stock and Founders Preferred Stock of Mobix Labs, Inc. held immediately prior to the Closing, which were automatically converted into a number of shares of Class B Common Stock. The shares of Class B Common Stock are convertible into shares of Class A Common Stock at the option of the Reporting Person, and will be automatically converted upon (i) a transfer by the Reporting Person (other than a permitted transfer) or (ii) the first trading day after the seventh anniversary date of the Closing Date.