Richard A. Smith - Jan 25, 2023 Form 4 Insider Report for TZP Strategies Acquisition Corp. (TZPS)

Role
Director
Signature
/s/ Samuel Katz, as attorney-in-fact for Richard Smith
Stock symbol
TZPS
Transactions as of
Jan 25, 2023
Transactions value $
$0
Form type
4
Date filed
1/27/2023, 05:02 AM
Previous filing
Jan 13, 2023
Next filing
Feb 16, 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
transaction TZPS Class B Ordinary Shares Disposed to Issuer $0 -25K -100% $0.00* 0 Jan 25, 2023 Class A Ordinary Shares 25K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Richard A. Smith 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. 333-251773) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001 per share (the "Class B Ordinary Shares"), would have automatically converted into Class A ordinary shares, par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, 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 This Form 4 reflects the surrender to the Issuer of 25,000 Class B Ordinary Shares for no consideration by the Reporting Person pursuant to the Share Surrender Letter, dated January 25, 2023, by and between the Issuer and the Reporting Person.