Form 4 for ALTI AlTi Global, Inc.
Accepted 2024-04-04 00:00:00 ET · period of report 2024-03-11 · accession 0000950170-24-042000 · 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 | 2024-04-03 | ALTI | Moran Kevin P. | COO | S - Sale+OE | $4.93 | -20.0K | 175.8K | -10% | -$98.6K |
| D | 2024-04-04 | 2024-03-11 | ALTI | Moran Kevin P. | COO | M - OptEx | $0.00 | +150.0K | 195.8K | +328% | $0 |
| D | 2024-04-04 | 2024-03-11 | ALTI | Moran Kevin P. | COO | M - OptEx | $0.00 | -150.0K | 695.8K | -18% | $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 | 2024-04-03 | S | D | 20,000 | $4.93 | 175,775.20 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-03-11 | M | A | 150,000 | $0.00 | 195,775.20 | 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. |
| 3 | Derivative | Class B Common Stock | 2024-03-11 | M | D | 150,000 | $0.00 | 695,759 | D | — · — to — | 150,000 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. |