LAMF SPAC Holdings I LLC - May 11, 2023 Form 4 Insider Report for LAMF Global Ventures Corp. I (LGVC)

Role
Director by Deputization, Director, 10%+ Owner
Signature
/s/ Daniel Nussen, Attorney-in-Fact for LAMF SPAC Holdings I LLC
Stock symbol
LGVC
Transactions as of
May 11, 2023
Transactions value $
$0
Form type
4
Date filed
5/11/2023, 06:16 PM
Previous filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGVC Class A Ordinary Shares Conversion of derivative security $0 +8.36M +749.4% $0.00 9.48M May 11, 2023 Direct F1, 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 LGVC Class B Ordinary Shares Conversion of derivative security $0 -8.36M -100% $0.00* 0 May 11, 2023 Class A Ordinary Shares 8.36M $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In accordance with the amended and restated memorandum and articles of association of LAMF Global Ventures Corp. I ("LAMF"), as amended, LAMF SPAC Holdings I LLC ("Sponsor") elected to convert 8,363,333 Class B ordinary shares into Class A ordinary shares on a one-for-one basis for no consideration.
F2 The Sponsor is the record holder of the securities reported herein. LAMF SPAC I LLC is the managing member of the Sponsor. LAMF SPAC I LLC has voting and investment discretion with respect to the securities held of record by the Sponsor. There are three managing members of LAMF SPAC I LLC. Each managing member has one vote, and the approval of a majority is required to approve an action. No individual managing member of LAMF SPAC I LLC exercises voting or dispositive control over any of the securities held by LAMF SPAC I LLC, even those in which he holds a pecuniary interest. Accordingly, none of them is deemed to have or share beneficial ownership of such securities.
F3 Pursuant to the amendment to the amended and restated memorandum and articles of association of LAMF that became effective on May 11, 2023, the Class B ordinary shares held by the Sponsor became convertible into Class A ordinary shares at any time at the Sponsor's election on a one-for-one basis.