Jagdeep Singh - Mar 11, 2022 Form 4 Insider Report for Slam Corp. (SLAM)

Role
Former Director
Signature
/s/ Himanshu Gulati as attorney in fact for Jagdeep Singh
Stock symbol
SLAM
Transactions as of
Mar 11, 2022
Transactions value $
-$1,800,000
Form type
4
Date filed
3/11/2022, 03:51 PM
Previous filing
Feb 18, 2022
Next filing
May 19, 2022

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 SLAM Class B ordinary shares Sale -$1.8M -30K -100% $60.00 0 Mar 11, 2022 Class A ordinary shares 30K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jagdeep Singh is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As described in the issuer's registration statement on Form S-1 (File No. 333-252727) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001, will automatically convert into Class A ordinary shares, par value $0.0001, of the issuer at the time of the issuer's initial business combination transaction 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 On March 11, 2022, Jagdeep Singh sold 30,000 Class B ordinary shares of the issuer to Slam Sponsor, LLC for $60, or approximately $0.002 per share, in connection with Mr. Singh's resignation from the board of directors of the issuer.