Form 4 for ALTI AlTi Global, Inc.
Accepted 2024-06-05 00:00:00 ET · period of report 2024-06-03 · accession 0001628280-24-026808 · 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 | 2024-06-05 | 2024-06-03 | ALTI | Tiedemann Michael | CEO, Dir | P - Purchase | $4.86 | +47.4K | 499.9K | +10% | +$230.5K |
| DM | 2024-06-05 | 2024-06-04+ | ALTI | Tiedemann Michael | CEO, Dir | A - Grant | $0.00 | +632.5K | 173.7K | New | $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 | 2024-06-03 | P | A | 22,721 | $4.87 | 475,234.53 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. The shares were bought in multiple transactions at prices ranging from $4.69 to $5.00, inclusive. The reporting person undertakes to provide to AlTi Global, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote(1) to this Form 4. |
| 2 | Common | Class A Common Stock | 2024-06-03 | P | A | 24,652 | $4.86 | 499,886.53 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. The shares were bought in multiple transactions at prices ranging from $4.70 to $5.00, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote(2) to this Form 4. |
| 3 | Derivative | Peformance Restricted Stock Unit | 2024-06-05 | A | A | 458,733.21 | $0.00 | 458,733.21 | D | — · — to — | 458,733.21 Class A Common Stock | (F6) Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Company's Class A Common Stock. (F7) 33.33% of the PRSUs shall be eligible to vest at the end of each of three annual performance periods beginning on March 31, 2025, subject to the reporting person's continued service with the Company through the applicable performance period, based on the total shareholder return of the Company's Class A Common Stock exceeding certain thresholds. The maximum number of units that may vest over three years is 917,466.42 (200% of the target number). |
| 4 | Derivative | Restricted Stock Units | 2024-06-04 | A | A | 173,729 | $0.00 | 173,729 | D | — · — to — | 173,729 Class A Common Stock | (F4) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Company's Class A Common Stock. (F5) The RSUs vest in three equal annual installments beginning February 15, 2025. |