Waldencast Long-Term Capital LLC 4
4 · Waldencast Acquisition Corp. · Filed Jul 25, 2022
Insider Transaction Report
Form 4
Waldencast Long-Term Capital LLC
10% Owner
Transactions
- Other
Class B ordinary shares
2022-07-25−8,545,000→ 0 total→ Class A ordinary shares (8,545,000 underlying)
Footnotes (2)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-253370) under the heading "Description of Securities-Founder Shares," the Class B ordinary shares, par value $0.0001 per share, of the issuer will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment, and have no expiration date.
- [F2]On July 25, 2022, Waldencast Long-Term Capital LLC distributed to its members in-kind, without consideration, all 8,545,000 Class B ordinary shares of the Issuer it held on a pro-rata basis. The above distribution did not involve any sale of shares by the reporting person.