Ann Berry - 25 Apr 2023 Form 4 Insider Report for Slam Corp. (SLAMF)

Role
Former Director
Signature
/s/ Chetan Bansal as attorney in fact for Ann Berry
Issuer symbol
SLAMF
Transactions as of
25 Apr 2023
Net transactions value
-$5,000
Form type
4
Filing time
26 Apr 2023, 17:27:49 UTC
Previous filing
11 Mar 2022
SEC
View on sec.gov

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 Purchase $5,000 -5,000 -100% $1.00* 0 25 Apr 2023 Class A ordinary shares 5,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Ann Berry 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 5,000 Class B Shares previously sold by Sponsor to Ann Berry pursuant to the Securities Assignment Agreement dated March 11, 2022, among the Sponsor, the issuer and Ann Berry, which provided the Sponsor with an option to repurchase the Class B Shares upon Ann Berry's resignation from the issuer's board of directors prior to vesting, at the original purchase price (approximately $1.00 per share) paid by Ann Berry.