Cubist Systematic Strategies, LLC - 11 Aug 2022 Form 4 Insider Report for KINS Technology Group, Inc. (CXAI)

Role
Former 10% owner
Signature
Cubist Systematic Strategies, LLC, By: /s/ Jason M. Colombo as Authorized Signatory
Issuer symbol
CXAI
Transactions as of
11 Aug 2022
Net transactions value
-$1,487,872
Form type
4
Filing time
15 Aug 2022, 21:05:48 UTC
Previous filing
15 Aug 2022
Next filing
14 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXAI Class A Common Stock, par value $0.0001 per share Sale $50,550 -5,000 -2.1% $10.11 235,966 11 Aug 2022 See Footnotes F1, F2, F3
transaction CXAI Class A Common Stock, par value $0.0001 per share Sale $1,437,322 -143,000 -61% $10.05 92,966 12 Aug 2022 See Footnotes F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Cubist Systematic Strategies, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These shares of class A common stock, par value $0.0001 per share ("Common Stock") of Kins Technology Group Inc. (the "Issuer") are held by an investment fund (the "Fund") managed by Cubist Systematic Strategies, LLC ("Cubist"). Pursuant to an investment management agreement, Cubist maintains investment and voting power with respect to the securities held by the Fund. Steven A. Cohen ("Mr. Cohen") controls Cubist. As a result of these aforementioned relationships, each of Cubist and Mr. Cohen may be deemed to share beneficial ownership over the shares of Common Stock held by the Fund.
F2 Reflects shares of the Issuer's Common Stock held in the form of Units. Each Unit consists of one share of the Issuer's Common Stock and one-half of one redeemable warrant (the "Warrants"). Each Warrant is exercisable to purchase one share of Common Stock, subject to the satisfaction of material conditions, and are not presently exercisable.
F3 Each of Cubist and Mr. Cohen disclaims beneficial ownership of the shares of Common Stock included herein except to the extent of its pecuniary interest therein, if any, and the inclusion of the shares of Common Stock in this report shall not be deemed to be an admission of beneficial ownership of such shares of Common Stock for the purposes of Section 13(d) or Section 16 of the Securities Exchange Act of 1934 or for any other purpose.