Gullans Graham 4
4 · Zoomcar Holdings, Inc. · Filed Jan 10, 2024
Insider Transaction Report
Form 4
Gullans Graham
Director
Transactions
- Award
Common Stock
2023-12-29+109,260→ 266,191 total(indirect: See Footnote) - Award
Common Stock
2023-12-28+149,291→ 153,703 total(indirect: See Footnote) - Award
Common Stock
2023-12-29+3,228→ 156,931 total - Award
Common Stock
2023-12-28+4,412→ 4,412 total
Footnotes (3)
- [F1]These shares were initially issued by Zoomcar, Inc. ("Zoomcar") and were exchanged for shares of common stock issued by Zoomcar Holdings, Inc. (the "Issuer") on December 28, 2023, upon the consummation by the Issuer of its initial business combination (the "Business Combination") with Zoomcar pursuant to that certain agreement and plan of merger, dated as of October 13, 2022, by and among Zoomcar, the Issuer and the other parties thereto (the "Merger Agreement").
- [F2]These shares were issued as a result of the first amendment to the Merger Agreement, entered into by Zoomcar and the Issuer, among other parties on December 29, 2023, resulting in the issuance of the earnout shares contemplated by the Merger Agreement.
- [F3]Includes shares held of record by SuperZoom I LLC, SuperZoom II LLC and SuperZoom III LLC. Mr. Gullans is the manager of each of these entities and may be deemed to be the beneficial owner of shares held by them. Mr. Gullans disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.