Home/Filings/4/0001829126-23-007334
4//SEC Filing

Webb Daniel S. 4

Accession 0001829126-23-007334

CIK 0001853044other

Filed

Nov 12, 7:00 PM ET

Accepted

Nov 13, 5:00 PM ET

Size

13.1 KB

Accession

0001829126-23-007334

Insider Transaction Report

Form 4
Period: 2023-11-08
Webb Daniel S.
CFO and CIO
Transactions
  • Other

    Class A Ordinary Shares

    2023-11-08+560,000560,000 total
  • Disposition to Issuer

    Class B ordinary shares

    2023-11-083,000,0001,500,000 total(indirect: see footnote)
    Class A ordinary shares (3,000,000 underlying)
  • Conversion

    Class B ordinary shares

    2023-11-081,500,0000 total(indirect: see footnote)
    Class A ordinary shares (1,500,000 underlying)
  • Other

    Private placement warrants

    2023-11-089,527,8100 total(indirect: see footnote)
    Exercise: $11.50From: 2023-12-06Exp: 2028-12-06Class A ordinary shares (9,527,810 underlying)
Footnotes (5)
  • [F1]Each Class B ordinary share was converted into one Class A ordinary share of the Issuer in connection with the consummation of the Issuer's initial business combination.
  • [F2]The Class B ordinary shares were automatically convertible into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustments, and had no expiration date.
  • [F3]Worldwide Webb Acquisition Sponsor, LLC ("Sponsor") is the record holder of the securities reported herein. The Reporting Person is the manager of Sponsor. The Reporting Person, by virtue of his control over Sponsor may be deemed to beneficially own Class B ordinary shares and private placement warrants held by Sponsor. The Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein.
  • [F4]On November 8, 2023, Sponsor effectuated a pro rata distribution of (i) 9,527,810 private placement warrants and (ii) 1,500,000 Class A ordinary shares of the Issuer to its members, of which 560,000 Class A ordinary shares were distributed to the Reporting Person.
  • [F5]On November 8, 2023, in connection with the closing of the Business Combination, Sponsor forfeited 3,000,000 Class B ordinary shares.

Issuer

Aeries Technology, Inc.

CIK 0001853044

Entity typeother

Related Parties

1
  • filerCIK 0001858710

Filing Metadata

Form type
4
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 5:00 PM ET
Size
13.1 KB