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

Role
10%+ Owner
Signature
Sound Point Acquisition Sponsor I, LLC, By: /s/ David Grill, Name: David Grill, Title: Chief Financial Officer
Stock symbol
SPCM
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
3
Date filed
3/1/2022, 08:55 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 SPCM Class B ordinary shares, par value $0.0001 Mar 1, 2022 Class A ordinary shares, par value $0.0001 6.37M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person owns 6,368,750 Class B ordinary shares which 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. 333-256171). The Class B ordinary shares have no expiration date.
F2 Includes 843,750 Class 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.
F3 Represents 6,368,750 Class B ordinary shares held by the reporting person. The reporting person is managed by Sound Point Acquisition Sponsor Consolidator, LLC ("Consolidator"), its managing member. Consolidator is managed by Sound Point Capital Management, LP ("Sound Point"), its managing member, which is managed by SPC Partners GP, LLC, its general partner (the "General Partner"). Stephen Ketchum is the managing member of the General Partner. Accordingly, each of the Consolidator, Sound Point, the General Partner and Stephen Ketchum may be deemed to have or share beneficial ownership of the shares held directly by the reporting person.