BASCOBERT PAUL J 4
4 · Blue Ocean Acquisition Corp · Filed Dec 9, 2021
Insider Transaction Report
Form 4
BASCOBERT PAUL J
DirectorChief Executive Officer10% Owner
Transactions
- Disposition to Issuer
Class B Ordinary Shares
2021-12-07$0.01/sh−175,000$1,015→ 4,328,750 total(indirect: See Footnote)→ Class A Ordinary Shares (175,000 underlying)
Footnotes (3)
- [F1]The Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination on a one-for-one basis, subject to adjustment, and have no expiration date.
- [F2]These Class B ordinary shares were surrendered back to the Issuer and cancelled.
- [F3]These Class B ordinary shares are held directly by Blue Ocean Sponsor LLC ("Sponsor"). The Reporting Person is a manager of Sponsor. As such, the Reporting Person may be deemed to have beneficial ownership of the Class B ordinary shares held directly by Sponsor. The Reporting Person disclaims beneficial ownership over any securities owned by Sponsor in which he does not have any pecuniary interest.