Hennessy Thomas D 4
4 · Compass Digital Acquisition Corp. · Filed Jul 26, 2024
Insider Transaction Report
Form 4
Hennessy Thomas D
DirectorChief Executive Officer10% Owner
Transactions
- Conversion
Class B Ordinary Shares
2024-07-24−1,867,604→ 832,095 total(indirect: see footnote)→ Class A Ordinary Shares (1,867,604 underlying) - Conversion
Class A Ordinary Shares
2024-07-24+1,867,604→ 2,260,941 total(indirect: see footnote)
Footnotes (2)
- [F1]The Class B Ordinary Shares are convertible, at the option of the holder, into Class A Ordinary Shares on a one-for-one basis, for no additional consideration, and have no expiration date. On July 24, 2024, the Reporting Person elected to convert 1,867,604 Class B Ordinary Shares held by him into 1,867,604 Class A Ordinary Shares.
- [F2]HCG Opportunity, LLC ("HCG Opportunity") is the record holder of the securities reported herein. HCG Opportunity MM, LLC ("HCG Opportunity MM") is the sole member of HCG Opportunity. The Reporting Person is a co-managing member of HCG Opportunity MM, serves on the Issuer's board of directors and disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.