Spring Creek Capital Llc - Feb 1, 2023 Form 3 Insider Report for Constellation Acquisition Corp I (CSTA)

Role
10%+ Owner
Signature
Spring Creek Capital, LLC /s/ Raffaele G. Fazio
Stock symbol
CSTA
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
3
Date filed
2/8/2023, 11:45 AM
Previous filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CSTA Class A ordinary shares 500K Feb 1, 2023 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
holding CSTA Warrants (right to buy) Feb 1, 2023 Class A ordinary shares 167K $11.50 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Spring Creek Capital, LLC ("Spring Creek") is beneficially owned by SCC Holdings, LLC ("SCC"), SCC is beneficially owned by KIM, LLC ("KIM"), KIM is beneficially owned by Koch Investments Group, LLC ("KIG"), KIG is beneficially owned by Koch Investments Group Holdings, LLC ("KIGH"), KIGH is beneficially owned by Koch Industries, Inc. ("Koch Industries"), in each case by means of ownership of all voting equity instruments. Koch Industries, KIGH, KIG, KIM and SCC may be deemed to beneficially own the Class A ordinary shares of Constellation Acquisition Corp I (the "Issuer") held by Spring Creek by virtue of (i) Koch Industries' beneficial ownership of KIGH, (ii) KIGH's beneficial ownership of KIG, (iii) KIG's beneficial ownership of KIM, (iv) KIM's beneficial ownership of SCC and (v) SCC's beneficial ownership of Spring Creek.
F2 Each warrant is exercisable for one Class A ordinary share, par value $0.0001 per share, at an exercise price of $11.50 per share, subject to certain adjustments. The warrants will become exercisable on the later of (a) 30 days after completion of the Issuer's initial Business Combination (as defined in the warrant agreement) or (b) 12 months after the closing of the Issuer's initial public offering. The warrants will expire five years after completion of the Issuer's initial Business Combination or earlier upon redemption or liquidation.