Jianwei Li - May 12, 2021 Form 4 Insider Report for TradeUP Global Corp (SAI)

Role: Chief Financial Officer, Director, 10%+ Owner
Signature: /s/ Jianwei Li
Stock symbol: SAI
Transactions as of: May 12, 2021
Transactions value $: $97,800
Form type: 4
Date filed: 5/14/2021, 09:05 PM
Next filing: Jul 22, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SAI	Class A Ordinary Shares	Purchase	$97.8K	+9.78K	+0.92%	$10.00^*	1.07M	May 12, 2021	Direct	F1, F2, F4

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	SAI	Class B Ordinary Shares	Other	$0	-27.8K	-11.56%	$0.00	212K	May 12, 2021	Class A Ordinary Shares	27.8K		Direct	F1, F3, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	TradeUP Global Sponsor LLC ("Sponsor") holds (i) 1,074,780 Class A Ordinary Shares, par value $0.0001 per share (the "Class A Shares"), of TradeUP Global Corporation (the "Issuer") and (ii) 212,247 Class B Ordinary Shares, par value $0.0001 per share (the "Class B Shares"), of the Issuer. Jianwei Li is the manager of Sponsor.
F2	On May 12, 2021 in connection with the closing of the exercise of the underwriter's over-allotment option, Sponsor purchased from the Issuer 9,780 Class A Shares at a purchase price of $10.00 per share.
F3	This Form 4 reflects the automatic surrender to the Issuer of 27,753 Class B Shares for no consideration by Sponsor pursuant to contractual arrangements with the Issuer, triggered by the election by the underwriter of the issuer's initial public offering not to exercise its option to purchase additional units
F4	TradeUP Global Sponsor LLC is the record holder of the shares reported herein. Jianwei Li is the manager of TradeUP Global Sponsor LLC. As such. Mr. Li may be deemed to have beneficial ownership of the Class B ordinary shares held directly by TradeUP Global Sponsor LLC. Mr. Li disclaims beneficial ownership over any securities owned by our sponsor in which he does not have any pecuniary interest.
F5	The Class B Shares will automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and has no expiration date.