Eduardo Clave - Jul 29, 2021 Form 4 Insider Report for Dila Capital Acquisition Corp (DILA)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Jason T. Simon, Attorney-in-Fact
Stock symbol
DILA
Transactions as of
Jul 29, 2021
Transactions value $
$0
Form type
4
Date filed
8/2/2021, 04:01 PM
Previous filing
Jun 30, 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 DILA Class B Common Stock Other $0 -124K -8.08% $0.00 1.41M Jul 29, 2021 Class A Common Stock 124K 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 Class B common stock have no expiration date and will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-254425) (the "Registration Statement").
F2 123,755 shares of Class B common stock were forfeited by DILA Capital Sponsor Group, LLC (the "Sponsor") to the Issuer at no cost in connection with the waiver of the remaining portion of the underwriters' over-allotment option, as described in the Registration Statement.
F3 The securities are held directly by the Sponsor and indirectly by Eduardo Clave, as the sole manager of the Sponsor. Mr. Clave disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.