Skydeck Management Llc - Jul 2, 2021 Form 4 Insider Report for SKYDECK ACQUISITION CORP. (SKYA)

Role
10%+ Owner
Signature
/s/ Paul Salem, as President
Stock symbol
SKYA
Transactions as of
Jul 2, 2021
Transactions value $
$0
Form type
4
Date filed
7/2/2021, 02:57 PM
Previous filing
May 18, 2021
Next filing
May 22, 2023

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 -209K -3.69% $0.00 5.44M Jul 2, 2021 Class A Ordinary Shares 209K 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 by the reporting person, Skydeck Management LLC (the "Sponsor"), of 208,509 shares of the Issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration pursuant to contractual arrangements with the Issuer, triggered by the expiration on July 2, 2021 of the option of the underwriters of the Issuer's initial public offering to purchase additional units.