Garrou Marshall Blair 4
4 · Mercury Ecommerce Acquisition Corp · Filed Aug 24, 2021
Insider Transaction Report
Form 4
Garrou Marshall Blair
Director10% Owner
Transactions
- Other
Class B common stock
2021-07-30−520,875→ 3,465,375 total(indirect: See Footnote)→ Class A common stock (520,875 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]This Form 4 reflects the automatic surrender to the Issuer of 520,875 shares of Class B common stock for no consideration by Mercury Sponsor Group I LLC pursuant to contractual arrangements with the Issuer, triggered by the election by the underwriter of the issuer's initial public offering not to exercise its option to purchase additional units.
- [F3]Mercury Sponsor Group I LLC is the record holder of the shares reported herein. M. Blair Garrou is a manager of Mercury Sponsor Group I LLC. Affiliates of M. Blair Garrou own 50% of the economic interest of Mercury Sponsor Group I LLC. As such, M. Blair Garrou may be deemed to have beneficial ownership of the Class B common stock held directly by Mercury Sponsor Group I LLC. M. Blair Garrou disclaims beneficial ownership over any securities owned by Mercury Sponsor Group I LLC in which he does not have any pecuniary interest.