Kensington Capital Sponsor IV LLC - 14 Sep 2022 Form 4 Insider Report for Amprius Technologies, Inc. (AMPX)

Role: Other*
Signature: KENSINGTON CAPITAL SPONSOR IV LLC, By: Kensington Capital Partners, LLC, Its: Managing Member, By: /s/ Justin Mirro, Name: Justin Mirro, Title: Managing Member
Issuer symbol: AMPX
Transactions as of: 14 Sep 2022
Net transactions value: $0
Form type: 4
Filing time: 16 Sep 2022, 19:02:31 UTC
Previous filing: 01 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMPX	Common Stock	Conversion of derivative security		+9,857,142	+302%		13,124,642	14 Sep 2022	Direct	F1
transaction	AMPX	Common Stock	Other	$0	-13,124,642	-100%	$0.000000^*	0	14 Sep 2022	Direct	F2

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	AMPX	Class B Ordinary Shares	Conversion of derivative security	$0	-9,857,142	-100%	$0.000000^*	0	14 Sep 2022	Common Stock	9,857,142		Direct	F1
transaction	AMPX	Warrants (right to buy)	Other	$0	+16,000,000		$0.000000	16,000,000	14 Sep 2022	Common Stock	16,000,000	$11.50	Direct	F3, F4
transaction	AMPX	Warrants (right to buy)	Other	$0	+6,535,000		$0.000000	6,535,000	14 Sep 2022	Common Stock	6,535,000	$11.50	Direct	F3, F4
transaction	AMPX	Warrants (right to buy)	Other	$0	-16,000,000	-100%	$0.000000^*	0	14 Sep 2022	Common Stock	16,000,000	$11.50	Direct	F2, F4
transaction	AMPX	Warrants (right to buy)	Other	$0	-6,535,000	-100%	$0.000000^*	0	14 Sep 2022	Common Stock	6,535,000	$11.50	Direct	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kensington Capital Sponsor IV LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Upon completion of the Issuer's business combination transaction, the Issuer's Class B Ordinary Shares converted into shares of Common Stock of the Issuer. At the time the Class B shares were issued, the Issuer was a Cayman Islands exempted company incorporated with limited liability named "Kensington Capital Acquisition Corp. IV." In connection with a business combination transaction, the Issuer became a Delaware corporation and changed its name to "Amprius Technologies, Inc."
F2	The securities were distributed in-kind, pro-rata and for no additional consideration to the members of Kensington Capital Sponsor IV LLC in connection with its liquidating distribution. As a result of the transaction reported herein, the Reporting Person is no longer a 10% holder of the issuer.
F3	The Reporting Person acquired these securities in connection with the initial public offering of Kensington Capital Acquisition Corp. IV, which is the Issuer and changed its name to Amprius Technologies, Inc. upon closing of a business combination transaction and is reporting the ownership thereof in connection with such closing. These securities were previously not beneficially owned for purposes of reporting their ownership on this Form.
F4	The securities become exercisable on October 14, 2022, provided that in no event are the securities exercisable unless a registration statement registering the shares issuable upon exercise thereof has been declared effective (or, in the case of all of the warrants in Table II, until the 61st business day following the closing of the foregoing business combination if such a registration statement has not previously been declared effective).