Mercury Sponsor Group I LLC 4
4 · Mercury Ecommerce Acquisition Corp · Filed Aug 3, 2021
Insider Transaction Report
Form 4
Mercury Sponsor Group I LLC
10% Owner
Transactions
- Sale
Class B common stock
2021-07-30$0.01/sh−830,000$4,150→ 3,986,250 total(indirect: See Footnote)→ Class A common stock (830,000 underlying)
Footnotes (3)
- [F1]The Class B ordinary shares will automatically convert into the Issuer's Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and has no expiration date.
- [F2]Includes up to 656,250 shares of Class B Common Stock that are subject to forfeiture if the underwriters in the Issuer's initial public offering of common stock do not exercise their over-allotment option in full or in part.
- [F3]Mercury Sponsor Group I LLC is the record holder of the shares reported herein. Each of M. Blair Garrou and R. Andrew White are the managers of Mercury Sponsor Group I LLC. Affiliates of M. Blair Garrou and R. Andrew White each own 50% of the economic interest of Mercury Sponsor Group I LLC. As such, each of M. Blair Garrou and R. Andrew White may be deemed to have beneficial ownership of the Class B common stock held directly by Mercury Sponsor Group I LLC. Each of M. Blair Garrou and R. Andrew White disclaim beneficial ownership over any securities owned by Mercury Sponsor Group I LLC in which he does not have any pecuniary interest.