Slam Sponsor, LLC - Feb 2, 2023 Form 4 Insider Report for Slam Corp. (SLAM)

Role: 10%+ Owner
Signature: /s/ Himanshu Gulati, as authorized signatory
Stock symbol: SLAM
Transactions as of: Feb 2, 2023
Transactions value $: -$9,958
Form type: 4
Date filed: 2/6/2023, 03:45 PM
Previous filing: Mar 17, 2022
Next filing: Apr 26, 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	$42.00	+21K	+0.15%	$0.00^*	14.2M	Feb 2, 2023	Class A ordinary shares	21K		Direct	F1, F2, F3
transaction	SLAM	Class B ordinary shares	Sale	-$10K	-10K	-0.07%	$1.00^*	14.2M	Feb 2, 2023	Class A ordinary shares	10K		Direct	F2, F3, F4, F5

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

Explanation of Responses:

Id	Content
F1	The reported transaction represents the exempt exercise of an option to repurchase 21,000 Class B ordinary shares, par value $0.0001 (the "Class B Shares") previously sold by Slam Sponsor, LLC (the "Sponsor") to Barbara Byrne pursuant to that certain 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 (approximately $0.002 per share) paid by Barbara Byrne.
F2	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 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.
F3	The reported securities corrects an overstatement of 11,333,333 Class B Shares reported in a prior Form 4 filed by the Sponsor on March 11, 2022, and amended on March 17, 2022, which filings inadvertently included as Class B Shares, the 11,333,333 private placement warrants owned by the Sponsor.
F4	Represents 10,000 Class B Shares sold by the Sponsor.
F5	On February 2, 2023, the Sponsor sold 10,000 Class B Shares to Alex Zyngier for $10,000, or approximately $1.00 per share, in connection with Mr. Zyngier's appointment to the board of directors of the issuer.