CGA Sponsor, LLC 4
4 · Corner Growth Acquisition Corp. · Filed Dec 28, 2020
Insider Transaction Report
Form 4
CGA Sponsor, LLC
10% Owner
Transactions
- Other
Class B ordinary shares
2020-12-24−62,500→ 9,825,001 total→ Class A ordinary shares (62,500 underlying)
Footnotes (2)
- [F1]As described in Corner Growth Acquisition Corp.'s (the "Issuer") registration statement on Form S-1 (File No. 333-251040) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001 per share, of the Issuer (the "Class B Shares") 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 adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F2]On December 24, 2020, CGA Sponsor, LLC forfeited, for no consideration, 62,500 Class B Shares in connection with the election by the underwriter of the Issuer's initial public offering of units to exercise an option granted to such underwriter to cover over-allotments in part and not in full.