Barbara M. Byrne - Feb 2, 2023 Form 4 Insider Report for Slam Corp. (SLAM)

Signature
/s/ Himanshu Gulati as attorney in fact for Barbara Byrne
Stock symbol
SLAM
Transactions as of
Feb 2, 2023
Transactions value $
-$42
Form type
4
Date filed
2/6/2023, 03:45 PM
Previous filing
Aug 10, 2022
Next filing
Feb 10, 2023

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 Conversion of derivative security -$42 -21K -70% $0.00* 9K Feb 2, 2023 Class A ordinary shares 21K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Barbara M. Byrne 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 (the "Class B Shares"), 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 The reported transaction represents an exempt exercise of the Sponsor's option to repurchase 21,000 Class B Shares previously sold by Sponsor to Barbara Byrne pursuant to the Securities Assignment Agreement dated January 31, 2021, among the Sponsor, the issuer and Barbara Byrne, which provided the Sponsor with an option to repurchase the Class B Shares upon Barbara Byrne's resignation from the issuer's board of directors prior to vesting, at the original purchase price per (approximately $0.002 per share) paid by Barbara Byrne.