J. MICHAEL STICE - 16 Mar 2022 Form 4 Insider Report for Spartan Acquisition Corp. III

Role
Director
Signature
/s/ Geoffrey Strong
Issuer symbol
N/A
Transactions as of
16 Mar 2022
Net transactions value
$0
Form type
4
Filing time
17 Mar 2022, 17:36:35 UTC
Previous filing
16 Feb 2022
Next filing
05 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPAQ Class A Common Stock Conversion of derivative security +50,000 50,000 16 Mar 2022 Direct F1

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 SPAQ Class B Common Stock Conversion of derivative security -50,000 -100% 0 16 Mar 2022 Class A Common Stock 50,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

J. MICHAEL STICE is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the closing of the business combination (the "business combination") among Spartan Acquisition Corp. III ("Spartan"), Athena Pubco B.V., Athena Merger Sub, Madeleine Charging B.V., Allego Holding B.V. and E8 Partenaires, on March 16, 2022, the Reporting Person's shares of Class B Common Stock automatically converted into shares of Spartan's Class A Common Stock on a one-for-one basis.
F2 The shares of Class B Common Stock were automatically convertible into shares of Class A Common Stock at the time of Spartan's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights (which rights were waived by the Reporting Person in connection with the business combination), and had no expiration date.