William D. Jenkins Jr - May 18, 2021 Form 4 Insider Report for SKYDECK ACQUISITION CORP. (SKYA)

Role
Director
Signature
/s/ Christopher S. Satti, as Attorney-in-fact
Stock symbol
SKYA
Transactions as of
May 18, 2021
Transactions value $
$0
Form type
4
Date filed
5/20/2021, 01:49 PM
Next filing
Jul 7, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SKYA Class B Ordinary Shares Other $0 -5K -16.67% $0.00 25K May 18, 2021 Class A Ordinary Shares 5K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in Skydeck Acquisition Corp.'s (the "Issuer") registration statement on Form S-1 (File No. 333-254347) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2 This Form 4 reflects the automatic surrender to Skydeck Management LLC (the "Sponsor") of 5,000 shares of the Issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration by the reporting person pursuant to contractual arrangements with the Issuer and the Sponsor, triggered by the absence of an increase in the base size of the Issuer's initial public offering.