Kelly Huang - Nov 3, 2021 Form 3 Insider Report for Spindletop Health Acquisition Corp. (SCHAU)

Role: Chief Operating Officer
Signature: /s/ Evan S. Melrose as Attorney-in-Fact for Kelly Huang
Stock symbol: SCHAU
Transactions as of: Nov 3, 2021
Transactions value $: $0
Form type: 3
Date filed: 11/3/2021, 09:05 PM

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
holding	SCHAU	Class B Common Stock							Nov 3, 2021	Class A Common Stock	50K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination or earlier at the option of the holder as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-254531), on a one-for-one basis, subject to adjustment for stock splits, stock capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

Content

The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination or earlier at the option of the holder as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-254531), on a one-for-one basis, subject to adjustment for stock splits, stock capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.