William F. Souder - Mar 2, 2023 Form 4 Insider Report for P10, Inc. (PX)

Role: Chief Operating Officer, Director, Other*, 10%+ Owner
Signature: /s/Amanda Coussens as Attorney-in-Fact for the Reporting Persons
Stock symbol: PX
Transactions as of: Mar 2, 2023
Transactions value $: -$88,086
Form type: 4
Date filed: 3/14/2023, 07:24 PM
Previous filing: Mar 4, 2022
Next filing: Mar 6, 2024

This filing has been restated, see here for the amended filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PX	Class A Common Stock	Options Exercise		+33.5K			33.5K	Mar 2, 2023	Direct	F1, F2
transaction	PX	Class A Common Stock	Tax liability	-$88.1K	-8.14K	-24.27%	$10.82	25.4K	Mar 2, 2023	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	PX	Restricted Stock Units	Options Exercise	$0	-33.5K	-100%	$0.00^*	0	Mar 2, 2023	Class A Common Stock	33.5K		Direct	F1, F2, F3
transaction	PX	Restricted Stock Units	Award	$0	+137K		$0.00	137K	Mar 9, 2023	Class A Common Stock	137K		Direct	F1, F2, F4
transaction	PX	Stock Option (right to buy)	Award	$0	+229K		$0.00	229K	Mar 9, 2023	Class A Common Stock	229K	$9.93	Direct	F2, F5

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's Class A Common Stock upon vesting.
F2	These securities are owned directly by Mr. Souder.
F3	On March 2, 2022, Mr. Souder was granted 33,540 RSUs, all of which vested on the first anniversary of such grant date.
F4	On March 9, 2023, Mr. Souder was granted a total of 136,668 RSUs, all of which will vest on the first anniversary of the grant date (March 9, 2024), provided that Mr. Souder remains in continuous service with the Issuer through such date.
F5	On March 9, 2023, Mr. Souder was granted a total of 75,529 stock options, all of which will vest on the fifth anniversary of the grant date (March 9, 2028), provided that Mr. Souder remains in continuous service with the Issuer through such date.

Remarks:

This Form 4 is being filed by Souder Family LLC and Mr. Souder (collectively, the "Reporting Persons"). The Reporting Persons are members of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding Common Stock. The securities reported herein do not include any securities held by any group member other than the Reporting Persons, as such securities are being reported in separate Form 4 filings. The Reporting Persons disclaim beneficial ownership of the securities of the Issuer reported herein, except to the extent of his or its pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Persons are the beneficial owners of the securities of the Issuer reported herein. Mr. Souder also serves as the Chief Operating Officer of the Issuer and as a director on the Board of Directors of the Issuer.