Brauchli Marcus 4
4 · Blue Ocean Acquisition Corp · Filed Jun 6, 2023
Insider Transaction Report
Form 4
Brauchli Marcus
DirectorChairman10% Owner
Transactions
- Other
Class B Ordinary Shares
2023-06-02$0.01/sh+25,000$145→ 4,353,750 total(indirect: See Footnote)→ Class A Ordinary Shares (25,000 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 repurchased by Blue Ocean Sponsor LLC ("Sponsor") from Dale Mathias, a former member of the Issuer's board of directors who resigned effective April 15, 2023, for an aggregate purchase price of $145.00.
- [F3]These Class B ordinary shares are held directly by 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.