Form 4 for ALTI AlTi Global, Inc.
Accepted 2024-04-04 00:00:00 ET · period of report 2024-03-11 · accession 0000950170-24-042002 · 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 | Connell Brooke | Pres, US Wealth Mmgt | M - OptEx | $0.00 | +50.0K | 205.8K | +32% | $0 |
| D | 2024-04-04 | 2024-04-02 | ALTI | Connell Brooke | Pres, US Wealth Mmgt | S - Sale+OE | $5.07 | -15.0K | 190.8K | -7% | -$76.0K |
| D | 2024-04-04 | 2024-03-11 | ALTI | Connell Brooke | Pres, US Wealth Mmgt | M - OptEx | $0.00 | -50.0K | 765.9K | -6% | $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 | 50,000 | $0.00 | 205,771.54 | 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 | S | D | 15,000 | $5.07 | 190,771.54 | D | — | — | |
| 3 | Derivative | Class B Common Stock | 2024-03-11 | M | D | 50,000 | $0.00 | 765,879 | D | — · — to — | 50,000 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. |