Form 4 for ALTI AlTi Global, Inc.
Accepted 2023-06-09 00:00:00 ET · period of report 2023-05-24 · accession 0000899243-23-015222 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-06-09 | 2023-06-07 | ALTI | Al-Thani Jassim Abdulaziz | 10% | A - Grant | — | +638.6K | 17.89M | +4% | — |
| D | 2023-06-09 | 2023-05-24 | ALTI | Al-Thani Jassim Abdulaziz | 10% | A - Grant | — | +1.45M | 1.45M | New | — |
| DM | 2023-06-09 | 2023-05-24+ | ALTI | Al-Thani Jassim Abdulaziz | 10% | D - Sale to Iss | — | -4.00M | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-06-07 | A | A | 638,578 | — | 17,893,265 | D | — | — | (F2) On June 7, 2023, pursuant to the Issuer's previously announced exchange offer (the "Offer") , the reporting persons exchanged 2,554,315 warrants, consisting of (i) 1,104,315 private placement warrants and (ii) 1,450,000 public warrants, which previously entitled the reporting persons to purchase one share of Class A Common Stock, par value $0.0001 per share, of the Issuer ("Class A Common Stock") per warrant at a price of $11.50 per share, for 638,578 shares of Class A Common Stock. (F1) H.E. Sheikh Jassim Abdulaziz J.H. Al-Thani is the sole owner of IlWaddi Cayman Holdings. |
| 2 | Derivative | Warrant | 2023-05-24 | A | A | 1,450,000 | — | 1,450,000 | D | — · — to — | 1,450,000 Class A Common Stock | (F5) The reporting persons disposed of 1,450,000 options in exchange for public warrants at a ratio of one share subject to the public warrants for one share subject to certain option agreements in a private exchange offer before the consummation of the Offer. (F1) H.E. Sheikh Jassim Abdulaziz J.H. Al-Thani is the sole owner of IlWaddi Cayman Holdings. (F3) The warrants became exercisable on February 2, 2023, and will expire on January 3, 2028 or earlier upon redemption or liquidation. |
| 3 | Derivative | Warrant | 2023-06-07 | D | D | 1,450,000 | — | 0 | D | — · — to — | 1,450,000 Class A Common Stock | (F2) On June 7, 2023, pursuant to the Issuer's previously announced exchange offer (the "Offer") , the reporting persons exchanged 2,554,315 warrants, consisting of (i) 1,104,315 private placement warrants and (ii) 1,450,000 public warrants, which previously entitled the reporting persons to purchase one share of Class A Common Stock, par value $0.0001 per share, of the Issuer ("Class A Common Stock") per warrant at a price of $11.50 per share, for 638,578 shares of Class A Common Stock. (F1) H.E. Sheikh Jassim Abdulaziz J.H. Al-Thani is the sole owner of IlWaddi Cayman Holdings. (F3) The warrants became exercisable on February 2, 2023, and will expire on January 3, 2028 or earlier upon redemption or liquidation. |
| 4 | Derivative | Warrant | 2023-06-07 | D | D | 1,104,315 | — | 0 | D | — · — to — | 1,104,315 Class A Common Stock | (F2) On June 7, 2023, pursuant to the Issuer's previously announced exchange offer (the "Offer") , the reporting persons exchanged 2,554,315 warrants, consisting of (i) 1,104,315 private placement warrants and (ii) 1,450,000 public warrants, which previously entitled the reporting persons to purchase one share of Class A Common Stock, par value $0.0001 per share, of the Issuer ("Class A Common Stock") per warrant at a price of $11.50 per share, for 638,578 shares of Class A Common Stock. (F1) H.E. Sheikh Jassim Abdulaziz J.H. Al-Thani is the sole owner of IlWaddi Cayman Holdings. (F3) The warrants became exercisable on February 2, 2023, and will expire on January 3, 2028 or earlier upon redemption or liquidation. |
| 5 | Derivative | Option (right to buy) | 2023-05-24 | D | D | 1,450,000 | — | 0 | D | — · — to — | 1,450,000 Class A Common Stock | (F5) The reporting persons disposed of 1,450,000 options in exchange for public warrants at a ratio of one share subject to the public warrants for one share subject to certain option agreements in a private exchange offer before the consummation of the Offer. (F1) H.E. Sheikh Jassim Abdulaziz J.H. Al-Thani is the sole owner of IlWaddi Cayman Holdings. (F4) The Option may be exercised only during the period commencing on the earlier to occur of (A) one year after the date of the closing of the Issuer's business combination completed on January 3, 2023 (the "Business Combination") or (B) such time, at least 150 days after the closing of the Business Combination, that the closing price of the shares of Class A Common Stock equals or exceeds S 12.00 per share (as adjusted for share splits, share dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period and terminating at 5:00 p.m., New York City time on the date that is five years after the closing of the Business Combination. |