Mandanas Mary Beth 4
4 · TortoiseEcofin Acquisition Corp. III · Filed Jul 18, 2023
Insider Transaction Report
Form 4
Mandanas Mary Beth
Director
Transactions
- Other
Class B Ordinary Shares
2023-07-16−40,000→ 0 total→ Class A Ordinary Shares (40,000 underlying)
Footnotes (2)
- [F1]The Class B Ordinary Shares are automatically convertible into the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The Class B Ordinary Shares are subject to forfeiture under certain circumstances relating to Ms. Mandanas' service on the Issuer's Board of Directors.
- [F2]In connection with Ms. Mandanas' resignation from the Issuer's Board of Directors, 40,000 Class B Ordinary Shares were forfeited to the Issuer by Ms. Mandanas.