AJJARAPU SURENDRA K (Chief Executive Officer) reported 3 transactions at OCEAN BIOMEDICAL, INC.

Review the transaction codes below to understand the nature of each event.

AJJARAPU SURENDRA K

Filed: 3/2/2023ACC: 0001493152-23-006622

InsiderAJJARAPU SURENDRA KCIK 1368298

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IssuerOCEAN BIOMEDICAL, INC.CIK 1869974

DirectorOfficer10% Owner· Chief Executive Officer

Since Sep 2021

-606.50K

Net shares

Net seller

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

12.84M acquired · 13.45M disposed

Non-Derivative Transactions3

Common Stock, par value $0.0001

Indirect

J · J

−2.63M

Price / share

—

Trade value

—

% of position

65.8%

2/28/2023

3.99M→1.36M

Common Stock, par value $0.0001

Indirect

J · J

+469.30K

Price / share

—

Trade value

—

% of position

New position

2/28/2023

0.00→469.30K

Common Stock, par value $0.0001

Indirect

J · J

+258.20K

Price / share

—

Trade value

—

% of position

New position

2/28/2023

0.00→258.20K

Total

Net shares

−1.90M

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, par value $0.0001 Indirect	2/28/2023	J · J	−2.63M	—	—	65.8%	3.99M	1.36M
Common Stock, par value $0.0001 Indirect	2/28/2023	J · J	+469.30K	—	—	New position	0.00	469.30K
Common Stock, par value $0.0001 Indirect	2/28/2023	J · J	+258.20K	—	—	New position	0.00	258.20K
Total			−1.90M		$0.00

Derivative Transactions5

Private Placement Warrant

Indirect

P · Purchase

Converts to

Class A Common Stock

5.41M shares

+5.41M

Strike price

11.50

Held after

5.41M

Exercisable

—

2/14/2023

Private Placement Warrant

Indirect

J · J

Converts to

Class A Common Stock

5.41M shares

−5.41M

Strike price

11.50

Held after

0.00

Exercisable

—

2/14/2023

Private Placement Warrant

Indirect

J · J

Converts to

Common Stock

5.41M shares

+5.41M

Strike price

11.50

Held after

5.41M

Exercisable

—

2/14/2023

Private Placement Warrant

Indirect

J · J

Converts to

Common Stock

5.41M shares

−5.41M

Strike price

11.50

Held after

0.00

Exercisable

—

2/28/2023

Private Placement Warrant

Indirect

J · J

Converts to

Common Stock

1.29M shares

+1.29M

Strike price

11.50

Held after

1.29M

Exercisable

—

2/28/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Private Placement Warrant Indirect	Class A Common Stock5.41M shares	2/14/2023	P · Purchase	+5.41M	11.50	—	5.41M
Private Placement Warrant Indirect	Class A Common Stock5.41M shares	2/14/2023	J · J	−5.41M	11.50	—	0.00
Private Placement Warrant Indirect	Common Stock5.41M shares	2/14/2023	J · J	+5.41M	11.50	—	5.41M
Private Placement Warrant Indirect	Common Stock5.41M shares	2/28/2023	J · J	−5.41M	11.50	—	0.00
Private Placement Warrant Indirect	Common Stock1.29M shares	2/28/2023	J · J	+1.29M	11.50	—	1.29M