Spindletop Health Sponsor Group, LLC - Nov 8, 2021 Form 4 Insider Report for Spindletop Health Acquisition Corp. (SCHAU)

Role
10%+ Owner
Signature
/s/ Evan Melrose, as manager
Stock symbol
SCHAU
Transactions as of
Nov 8, 2021
Transactions value $
$12,600,000
Form type
4
Date filed
11/12/2021, 05:18 AM
Previous filing
Nov 3, 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 SCHAU Private Warrants Purchase $12.6M +12.6M $1.00* 12.6M Nov 8, 2021 Class A Common Stock 12.6M $11.50 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Private Warrants will become exercisable on the later of 30 days after the completion of the Company's initial business combination or 12 months from the completion of the Company's initial public offering.
F2 The Private Warrants will expire on the fifth anniversary of the Company's completion of its initial business combination.