Sec Form 4 Filing - ilWaddi Cayman Holdings @ AlTi Global, Inc. - 2023-05-24

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
ilWaddi Cayman Holdings
2. Issuer Name and Ticker or Trading Symbol
AlTi Global, Inc. [ ALTI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O GELLER ADVISORS, 909 TIILRD A VENUE
3. Date of Earliest Transaction (MM/DD/YY)
05/24/2023
(Street)
NEWYORK, NY10022
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 06/07/2023 A 638,578 ( 2 ) A 17,893,265 D ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant ( 2 ) 06/07/2023 D 1,104,315 ( 3 ) ( 3 ) Class A Common Stock 1,104,315 ( 2 ) 0 D ( 1 )
Option (right to buy) ( 5 ) 05/24/2023 D 1,450,000 ( 4 ) ( 4 ) Class A Common Stock 1,450,000 ( 5 ) 0 D ( 1 )
Warrant ( 5 ) 05/24/2023 A 1,450,000 ( 3 ) ( 3 ) Class A Common Stock 1,450,000 ( 5 ) 1,450,000 D ( 1 )
Warrant ( 2 ) 06/07/2023 D 1,450,000 ( 3 ) ( 3 ) Class A Common Stock 1,450,000 ( 2 ) 0 D ( 1 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ilWaddi Cayman Holdings
C/O GELLER ADVISORS
909 TIILRD A VENUE
NEWYORK, NY10022
X
Al-Thani Jassim Abdulaziz
C/O GELLER ADVISORS
909 TIILRD A VENUE
NEWYORK, NY10022
X
Signatures
/s/ H.E. Sheikh Jassim Abdulaziz J.H. AI-Thani for IlWaddi Cayman Holdings Inc 06/09/2023
Signature of Reporting Person Date
By: Sheikh Jassim Abdulaziz J.H. Al-Thani, as sole owner /s/ H.E. Sheikh Jassim Abdulaziz J.H. AI-Thani 06/09/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )H.E. Sheikh Jassim Abdulaziz J.H. Al-Thani is the sole owner of IlWaddi Cayman Holdings.
( 2 )On June 7, 2023, pursuant to the Issuer's previously announced exchange offer (the "Offer") , the reporting persons exchanged 2,554,315 warrants, consisting of (i) 1,104,315 private placement warrants and (ii) 1,450,000 public warrants, which previously entitled the reporting persons to purchase one share of Class A Common Stock, par value $0.0001 per share, of the Issuer ("Class A Common Stock") per warrant at a price of $11.50 per share, for 638,578 shares of Class A Common Stock.
( 3 )The warrants became exercisable on February 2, 2023, and will expire on January 3, 2028 or earlier upon redemption or liquidation.
( 4 )The Option may be exercised only during the period commencing on the earlier to occur of (A) one year after the date of the closing of the Issuer's business combination completed on January 3, 2023 (the "Business Combination") or (B) such time, at least 150 days after the closing of the Business Combination, that the closing price of the shares of Class A Common Stock equals or exceeds S 12.00 per share (as adjusted for share splits, share dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period and terminating at 5:00 p.m., New York City time on the date that is five years after the closing of the Business Combination.
( 5 )The reporting persons disposed of 1,450,000 options in exchange for public warrants at a ratio of one share subject to the public warrants for one share subject to certain option agreements in a private exchange offer before the consummation of the Offer.

Remarks:
Exhibit 24 Power of Attorney filed herewith.

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