Form 4 for ALTI AlTi Global, Inc.
Accepted 2024-04-04 00:00:00 ET · period of report 2024-03-11 · accession 0000950170-24-041993 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-04-04 | 2024-04-02+ | ALTI | Maliagros Spiros | Pres, Asset Management, Dir | S - Sale+OE | $5.08 | -10.3K | 513.0K | -2% | -$52.3K |
| D | 2024-04-04 | 2024-03-11 | ALTI | Maliagros Spiros | Pres, Asset Management, Dir | M - OptEx | $0.00 | +400.0K | 523.3K | +324% | $0 |
| D | 2024-04-04 | 2024-03-11 | ALTI | Maliagros Spiros | Pres, Asset Management, Dir | M - OptEx | $0.00 | -400.0K | 3.41M | -10% | $0 |
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 | 2024-04-02 | S | D | 5,350 | $5.14 | 517,934.74 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-04-03 | S | D | 4,950 | $5.01 | 512,984.74 | D | — | — | |
| 3 | Common | Class A Common Stock | 2024-03-11 | M | A | 400,000 | $0.00 | 523,284.74 | D | — | — | (F1) Each Class B Unit (a "Class B Unit") of AlTi Global Capital, LLC ("Umbrella") is paired with a share of Class B Common Stock of the Issuer ("Class B Common Stock", and together with a Class B Unit, a "Paired Interest"). Pursuant to the Third Amended and Restated Limited Liability Agreement, dated as of July 31, 2023 (as amended from time to time, the "LLC Agreement"), of Umbrella, a Paired Interest is exchangeable at any time for a share of Class A Common Stock of the Issuer ("Class A Common Stock") on a one-for-one basis, subject to equitable adjustments for stock splits, stock dividends and reclassifications. As the holder exchanges the Paired Interests pursuant to the LLC Agreement, the shares of Class B Common Stock included in the Paired Interests will automatically be canceled and the Class B Common Units included in the Paired Interests shall be automatically transferred to the Issuer and converted into and become an equal number of Class A Common Units in Umbrella. |
| 4 | Derivative | Class B Common Stock | 2024-03-11 | M | D | 400,000 | $0.00 | 3,411,306 | D | — · — to — | 400,000 Class A Common Stock | (F1) Each Class B Unit (a "Class B Unit") of AlTi Global Capital, LLC ("Umbrella") is paired with a share of Class B Common Stock of the Issuer ("Class B Common Stock", and together with a Class B Unit, a "Paired Interest"). Pursuant to the Third Amended and Restated Limited Liability Agreement, dated as of July 31, 2023 (as amended from time to time, the "LLC Agreement"), of Umbrella, a Paired Interest is exchangeable at any time for a share of Class A Common Stock of the Issuer ("Class A Common Stock") on a one-for-one basis, subject to equitable adjustments for stock splits, stock dividends and reclassifications. As the holder exchanges the Paired Interests pursuant to the LLC Agreement, the shares of Class B Common Stock included in the Paired Interests will automatically be canceled and the Class B Common Units included in the Paired Interests shall be automatically transferred to the Issuer and converted into and become an equal number of Class A Common Units in Umbrella. |