Pangaea Three-B, LP - Nov 2, 2022 Form 4 Insider Report for Cartesian Growth Corp (ALTI)

Role
10%+ Owner
Signature
/s/ Adam Namoury, Attorney-in-Fact
Stock symbol
ALTI
Transactions as of
Nov 2, 2022
Transactions value $
$98,724
Form type
4
Date filed
11/4/2022, 06:49 PM
Previous filing
May 31, 2022
Next filing
Nov 14, 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALTI Warrants Purchase $11.1K +27.8K +0.27% $0.40* 10.4M Nov 2, 2022 Class A Ordinary Shares 27.8K $11.50 Direct F1, F2, F3
transaction ALTI Warrants Purchase $59.8K +125K +1.2% $0.48* 10.6M Nov 3, 2022 Class A Ordinary Shares 125K $11.50 Direct F1, F2, F3
transaction ALTI Warrants Purchase $27.8K +60.6K +0.57% $0.46* 10.6M Nov 4, 2022 Class A Ordinary Shares 60.6K $11.50 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents securities held by Pangaea Three-B, LP. Pangaea Three-B, LP is controlled by Peter Yu, the Issuer's Chairman and Chief Executive Officer. Consequently, Mr. Yu may be deemed to share voting and dispositive control over the securities held by Pangaea Three-B, LP, and thus to share beneficial ownership of such securities. Mr. Yu disclaims beneficial ownership of the securities held by Pangaea Three-B, LP, except to the extent of his pecuniary interest therein.
F2 Each warrant becomes exercisable on the later of one year after the closing of the Company's initial public offering or 30 days after the completion of an initial business combination, as described in the Issuer's prospectus filed with the SEC.
F3 The warrants expire five years after the completion of an initial business combination, or earlier upon redemption or liquidation, as described in the Issuer's prospectus filed with the SEC.

Remarks:

See Exhibit 24.1 - Power of Attorney See Exhibit 24.2 - Power of Attorney