Benjamin F. Rattner - May 13, 2021 Form 4 Insider Report for Osiris Acquisition Corp. (OSI)

Role
President and Director, Director
Signature
/s/ Benjamin E. Black, Attorney-in-Fact
Stock symbol
OSI
Transactions as of
May 13, 2021
Transactions value $
$0
Form type
4
Date filed
5/17/2021, 05:41 PM
Next filing
Jul 1, 2021

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 OSI Class B Common Stock, par value $0.0001 per share Other -57.5K -8% 661K May 13, 2021 Class A Common Stock, par value $0.0001 per share 57.5K See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of the Issuer?s Class B common stock, par value $0.0001 per share (the ?Class B Common Stock?), are convertible for the shares of the Issuer?s Class A common stock, par value $0.0001 per share, as described under the heading ?Description of Securities? in the Issuer?s Registration Statement on Form S-1 (File No. 333-254997) (the ?Registration Statement?) and have no expiration date.
F2 On May 13, 2021, Mr. Fader-Rattner forfeited 57,500 shares of the Class B Common Stock to the Issuer for no consideration in connection with a reduction in the size of the Issuer's initial public offering, resulting in the Mr. Fader-Rattner holding 661,250 shares of the Class B Common Stock. The shares of the Class B Common Stock beneficially owned by the Reporting Persons include up to 86,250 shares of Class B Common Stock that are subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in connection with the Issuer's initial public offering of units, as described in the Registration Statement.
F3 Mr. Benjamin Fader-Rattner is the trustee and the sole beneficiary of Maltose SP Trust. Maltose SP Trust holds the shares of Class B Common Stock described above.