4//SEC Filing
Gerow Martine 4
Accession 0001209191-22-033255
CIK 0001820872other
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 5:44 PM ET
Size
14.2 KB
Accession
0001209191-22-033255
Insider Transaction Report
Form 4
Gerow Martine
Chief Financial Officer
Transactions
- Award
Employee Stock Option (right to buy)
2022-05-27+306,806→ 306,806 totalExercise: $14.58Exp: 2029-09-25→ Class A Common Stock (306,806 underlying) - Award
Employee Stock Option (right to buy)
2022-05-27+964,248→ 964,248 totalExercise: $6.72Exp: 2027-05-23→ Class A Common Stock (964,248 underlying) - Award
Employee Stock Option (right to buy)
2022-05-27+1,066,555→ 1,066,555 totalExercise: $10.03Exp: 2031-12-02→ Class A Common Stock (1,066,555 underlying) - Award
Class C Ordinary Shares
2022-05-27+45,412→ 45,412 total→ Class A Common Stock (45,412 underlying)
Footnotes (5)
- [F1]Represents equity awards granted by GBT JerseyCo Limited ("GBT") that have been converted into equity awards of Apollo Strategic Growth Capital (which subsequently changed its name to "Global Business Travel Group, Inc.", the "Issuer") pursuant to the terms of the business combination agreement, dated as of December 2, 2021, entered into by and between GBT and the Issuer (the "Business Combination Agreement"), pursuant to which the Issuer acquired GBT (the "Business Combination"). The Business Combination closed on May 27, 2022.
- [F2]Represents stock options originally granted by GBT on May 23, 2017 and that vest in five equal annual installments beginning on July 1, 2017.
- [F3]Represents stock options originally granted by GBT on September 25, 2019 and that vest in five equal annual installments beginning on October 1, 2019.
- [F4]Represents stock options originally granted by GBT on December 2, 2021 and that vest in three equal annual installments beginning on December 2, 2022.
- [F5]Reflects Class C ordinary shares of the Issuer ("Earnout Shares") acquired in the Business Combination for equity of GBT held by the reporting person prior to the closing of the Business Combination. Pursuant to the terms of the Business Combination Agreement, these Earnout Shares will automatically convert into Class A common stock of the Issuer ("Class A Shares), if, from the closing of the Business Combination until the fifth anniversary thereof, the volume-weighted average price of the Class A Shares exceeds certain thresholds as discussed below. One half of these Earnout Shares will automatically convert into Class A Shares if the volume-weighted average price of the Class A Shares exceeds $12.50 for any 20 trading days within any 30 trading day period, and other half will automatically convert if the volume-weighted average price of the Class A Shares exceeds $15.00 for any 20 trading days within any 30 trading day period.
Documents
Issuer
Global Business Travel Group, Inc.
CIK 0001820872
Entity typeother
Related Parties
1- filerCIK 0001924315
Filing Metadata
- Form type
- 4
- Filed
- May 31, 8:00 PM ET
- Accepted
- Jun 1, 5:44 PM ET
- Size
- 14.2 KB