Form 4 for GRML Greenland Mines Ltd
Accepted 2022-04-11 00:00:00 ET · period of report 2022-04-07 · accession 0001213900-22-019139 · 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 | 2022-04-11 | 2022-04-07 | GRML | Redwoods Capital LLC | 10% | P - Purchase | $10.00 | +37.5K | 3.12M | +1% | +$375.0K |
| DM | 2022-04-11 | 2022-04-07 | GRML | Redwoods Capital LLC | 10% | P - Purchase | — | +75.0K | 415.0K | +22% | — |
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 | Common Stock | 2022-04-07 | P | A | 37,500 | $10.00 | 3,115,000 | D | — | — | (F1) The reporting person acquired 37,500 units, each unit consisting of one share of common stock, one warrant to purchase one share of common stock and one right to receive one-tenth (1/10) share of common stock. |
| 2 | Derivative | Warrants to purchase Common Stock | 2022-04-07 | P | A | 37,500 | — | 415,000 | D | $11.50 · — to — | 37,500 Common Stock | (F1) The reporting person acquired 37,500 units, each unit consisting of one share of common stock, one warrant to purchase one share of common stock and one right to receive one-tenth (1/10) share of common stock. (F2) The warrants become exercisable on the later of (i) the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering. (F3) The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC. |
| 3 | Derivative | Rights to acquire Common Stock | 2022-04-07 | P | A | 37,500 | — | 415,000 | D | — · — to — | 3,750 Common Stock | (F1) The reporting person acquired 37,500 units, each unit consisting of one share of common stock, one warrant to purchase one share of common stock and one right to receive one-tenth (1/10) share of common stock. (F4) The rights convert automatically into shares of common stock at the completion of the registrant's initial business combination. |