Malchuk Daniel 4
4 · RCF Acquisition Corp. · Filed May 10, 2023
Insider Transaction Report
Form 4
Malchuk Daniel
Director
Transactions
- Conversion
Class A Ordinary Shares
2023-05-09+30,000→ 30,000 total - Conversion
Class B Ordinary Shares
2023-05-09−30,000→ 0 total→ Class A Ordinary Shares (30,000 underlying)
Footnotes (2)
- [F1]In accordance with the amended and restated memorandum and articles of association of RCF Acquisition Corp. ("RCFA"), the Daniel Malchuk elected to convert his Class B ordinary shares of RCFA, par value $0.0001 per share (the "Class B Ordinary Shares") into Class A ordinary shares of RCFA, par value $0.0001 per share (the "Class A Ordinary Shares") on a one-for-one basis for no consideration.
- [F2]The Class B Ordinary Shares were (i) convertible into Class A Ordinary Shares at Mr. Malchuk's election on a one-for-one basis and (ii) automatically convertible into Class A Ordinary Shares at the time of the closing of RCFA's initial business combination on a one-for-one basis, in each case subject to adjustment pursuant to certain anti-dilution rights, and had no expiration date.