Alan Kessler - Dec 6, 2023 Form 3 Insider Report for African Agriculture Holdings Inc. (AAGR)

Role
Chief Executive Officer, Director
Signature
/s/ Alan Kessler
Stock symbol
AAGR
Transactions as of
Dec 6, 2023
Transactions value $
$0
Form type
3
Date filed
12/18/2023, 05:11 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AAGR Common Stock 6.16K Dec 6, 2023 Direct
holding AAGR Common Stock 763 Dec 6, 2023 See Footnote F1
holding AAGR Common Stock 6.76K Dec 6, 2023 See Footnote F2
holding AAGR Common Stock 2.36M Dec 6, 2023 See Footnote F2, F3
holding AAGR Common Stock 2.66M Dec 6, 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of shares of common stock, par value $0.0001 per share ("Common Stock") held of record by Mr. Kessler's wife, Gillian Kessler.
F2 Consists of shares held by African Discovery Group, Inc. ("ADG"). Mr.. Kessler is the Chief Executive Officer and majority stock holder of ADG and has voting and dispositive power with respect to the shares owned by ADG. Mr. Kessler disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
F3 Represents shares of Common Stock underlying restricted stock units ("RSUs") that fully vest as of March 1, 2024, subject to continued service through such vesting date.
F4 Represents shares of Common Stock underlying RSUs that fully vest as of November 27, 2028, subject to continued service through such vesting date.

Remarks:

See Exhibit 24.1 - Power of Attorney.