Stephen Ketchum - Mar 1, 2022 Form 3 Insider Report for Sound Point Acquisition Corp I, Ltd (SPCM)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ David Grill, as Attorney-in-Fact for Stephen Ketchum
Stock symbol
SPCM
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
3
Date filed
3/1/2022, 08:48 PM
Next filing
Jun 13, 2024

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 SPCM Class B ordinary shares, par value $0.0001 Mar 1, 2022 Class A ordinary shares, par value $0.0001 6.37M See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B ordinary shares are convertible into Class A ordinary shares as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-262354). The Class B ordinary shares have no expiration date.
F2 Includes 843,750Class B ordinary shares that are subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised in connection with the Issuer's initial public offering of Class A ordinary shares. The reporting person disclaims beneficial ownership of all of the securities that are or may be beneficially owned by Sound Point Acquisition Sponsor I, LLC (the "Sponsor") or any of its affiliates except to the extent of his pecuniary interest therein. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities of the Issuer for purposes of Section 16 of the Exchange Act or otherwise.
F3 Represents 6,368,750 Class B ordinary shares held by the Sponsor. The Sponsor is managed by Sound Point Acquisition Sponsor Consolidator, LLC, its managing member. Sound Point Acquisition Sponsor Consolidator, LLC is managed by Sound Point Capital Management, LP, its managing member, which is managed by SPC Partners GP, LLC, its general partner. The reporting person is the managing member of SPC Partners GP, LLC. Accordingly, the reporting person may be deemed to have or share beneficial ownership of the shares held directly by the Sponsor.

Remarks:

See Exhibit 24 - Power of Attorney