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

Role
Former Director
Signature
/s/ Chetan Bansal as attorney in fact for Ann Berry
Stock symbol
SLAM
Transactions as of
Apr 25, 2023
Transactions value $
-$5,000
Form type
4
Date filed
4/26/2023, 05:27 PM
Previous filing
Mar 11, 2022

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 -$5K -5K -100% $1.00* 0 Apr 25, 2023 Class A ordinary shares 5K 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.