Boehlert Thomas 4
4 · RCF Acquisition Corp. · Filed May 10, 2023
Insider Transaction Report
Form 4
Boehlert Thomas
DirectorChief Financial Officer
Transactions
- Conversion
Class B Ordinary Shares
2023-05-09−80,000→ 0 total(indirect: By Trust)→ Class A Ordinary Shares (80,000 underlying) - Conversion
Class A Ordinary Shares
2023-05-09+80,000→ 80,000 total(indirect: By Trust)
Footnotes (3)
- [F1]In accordance with the amended and restated memorandum and articles of association of RCF Acquisition Corp. ("RCFA"), Karen A. Boehlert 2021 Irrevocable Trust elected to convert their 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]Karen A. Boehlert 2021 Irrevocable Trust (the "Trust") is the record holder of the securities reported herein. The Reporting Person is a trustee of the Trust and has voting and investment discretion with respect to the securities held of record by the Trust.
- [F3]The Class B Ordinary Shares were (i) convertible into Class A Ordinary Shares at Karen A. Boehlert 2021Irrevocable Trust 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.