Form 4 for ALTI AlTi Global, Inc.
Accepted 2024-04-04 00:00:00 ET · period of report 2024-03-11 · accession 0000950170-24-041998 · 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 | 2024-04-04 | 2024-03-11 | ALTI | Smith Craig Lindsay | See remarks, Dir | M - OptEx | $0.00 | +75.0K | 142.4K | +111% | $0 |
| D | 2024-04-04 | 2024-04-02 | ALTI | Smith Craig Lindsay | See remarks, Dir | D - Sale to Iss | $5.05 | -106.1K | 36.3K | -75% | -$535.8K |
| D | 2024-04-04 | 2024-03-11 | ALTI | Smith Craig Lindsay | See remarks, Dir | M - OptEx | $0.00 | -75.0K | 2.07M | -3% | $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 | 2024-03-11 | M | A | 75,000 | $0.00 | 142,362.28 | 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. |
| 2 | Common | Class A Common Stock | 2024-04-02 | D | D | 106,102.28 | $5.05 | 36,260 | D | — | — | |
| 3 | Derivative | Class B Common Stock | 2024-03-11 | M | D | 75,000 | $0.00 | 2,072,165 | D | — · — to — | 75,000 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. |