4//SEC Filing
UM Legacy LLC 4
Accession 0001209191-23-021547
CIK 0001826671other
Filed
Mar 28, 8:00 PM ET
Accepted
Mar 29, 5:49 PM ET
Size
26.9 KB
Accession
0001209191-23-021547
Insider Transaction Report
Form 4
UM Legacy LLC
10% Owner
Transactions
- Sale
Class A Common Stock
2023-03-27$7.78/sh−7,998$62,240→ 6,951,716 total - Award
Class A Common Stock
2023-03-23+7,120,714→ 7,120,714 total - Sale
Class A Common Stock
2023-03-27$4.88/sh−145,889$711,355→ 6,974,825 total - Sale
Class A Common Stock
2023-03-27$6.09/sh−5,708$34,790→ 6,969,117 total - Sale
Class A Common Stock
2023-03-27$6.56/sh−9,403$61,712→ 6,959,714 total - Sale
Class A Common Stock
2023-03-27$9.69/sh−3,415$33,081→ 6,944,365 total - Sale
Class A Common Stock
2023-03-27$8.94/sh−3,936$35,196→ 6,947,780 total - Sale
Class A Common Stock
2023-03-27$10.50/sh−779$8,180→ 6,943,586 total - Sale
Class A Common Stock
2023-03-27$12.00/sh−172$2,064→ 6,943,414 total - Sale
Class A Common Stock
2023-03-28$4.45/sh−26,916$119,884→ 6,841,748 total - Sale
Class A Common Stock
2023-03-29$2.77/sh−255,088$706,084→ 6,586,660 total - Sale
Class A Common Stock
2023-03-28$3.61/sh−74,750$269,997→ 6,868,664 total
Footnotes (12)
- [F1]Received pursuant to the Agreement and Plan of Merger, dated as of May 18, 2022 (as amended from time to time), by and among KludeIn I Acquisition Corp. ("KludeIn"), Paas Merger Sub 1 Inc., a wholly-owned subsidiary of KludeIn ("Merger Sub 1"), Paas Merger Sub 2 LLC, a wholly-owned subsidiary of KludeIn ("Merger Sub 2"), and Near Intelligence Holdings Inc. ("Near") pursuant to which, as a result of a merger between Near and Merger Sub 1 with Near surviving this first merger, then merging with Merger Sub 2, Near became a direct, wholly-owned subsidiary of KludeIn, which subsequently changed its name to Near Intelligence, Inc. (the "Issuer"). The transactions contemplated by the Merger Agreement are referred to herein as the "Business Combination."
- [F10]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $3.22 to $4.20, inclusive.
- [F11]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $4.22 to $4.80, inclusive.
- [F12]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $2.50 to $3.35, inclusive.
- [F2]Pursuant to the Merger Agreement and in connection with the closing of the Business Combination, (i) each share of Near Holdings capital stock outstanding as of immediately prior to the effective time of the First Merger was converted into a right to receive a number of KludeIn Class A Shares determined on the basis of a conversion ratio of 107.660 and (ii) each membership interest of Merger Sub 2 issued and outstanding immediately prior to the effective time of the Second Merger remained outstanding as a membership interest of the Merger Sub 2 and all shares of common stock of Near Holdings were no longer outstanding and were automatically cancelled and ceased to exist.
- [F3]The power to vote or dispose of securities issued by the Issuer and held by UM Legacy LLC ("UML") is shared by individual managers of the UML Board of Managers, none of whom has veto power. Under the terms of the Limited Liability Company Agreement of UML, its Board of Managers is comprised of five Managers. As of March 29, 2023, three of the five seats are filled by Tom McGovern, Tige Savage, and John H. Wyant. Of the two remaining seats, Accel X L.P., may appoint a Manager but has not elected to do so while the remaining seat shall be elected by, and may only be removed without cause by, the unanimous affirmative vote or written consent of the other managers then serving on the UML's Board of Managers. Messrs. McGovern, Savage and Wyant disclaim any beneficial ownership of the securities issued by the Issuer.
- [F4]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $4.60 to $5.50, inclusive. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) through (12) to this Form 4.
- [F5]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $5.51 to $6.235, inclusive.
- [F6]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $6.50 to $7.22, inclusive.
- [F7]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $7.50 to $8.37, inclusive.
- [F8]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $8.51 to $9.42, inclusive.
- [F9]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $9.50 to $10.25, inclusive.
Documents
Issuer
Near Intelligence, Inc.
CIK 0001826671
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001971355
Filing Metadata
- Form type
- 4
- Filed
- Mar 28, 8:00 PM ET
- Accepted
- Mar 29, 5:49 PM ET
- Size
- 26.9 KB