LGA HoldCo LLC - Jun 7, 2021 Form 4 Insider Report for Lazard Growth Acquisition Corp. I (LGAC)

Role: Director, 10%+ Owner
Signature: /s/ Alexander Stern, as President for LGA HoldCo LLC
Stock symbol: LGAC
Transactions as of: Jun 7, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/8/2021, 07:16 PM

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	LGAC	Series A Membership Interests	Other	$0	0	0%	$0.00^*	1	Jun 7, 2021	Class B Ordinary Shares	25K		See footnotes	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	As described in the registration statement on Form S-1 (File No. 333-252408) of Lazard Growth Acquisition Corp. I, a Cayman Island exempted company (the "Issuer"), under the heading "Principal Shareholders", the reporting person holds all of the limited liability company interests (the "Series Membership Interests") in Series A of LGACo 1 LLC, a Delaware series limited liability company and the Issuer's sponsor (the "Sponsor"), which entitles the reporting person to economic interests in respect of 9,975,000 Class B ordinary shares, par value $0.0001 per share (the "Founder Shares"). The Founder Shares will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder thereof, on a one-for-one basis, subject to adjustment for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like pursuant to certain anti-dilution rights.
F2	Pursuant to the amended and restated operating agreement of the Sponsor, Lazard Group LLC, a Delaware limited liability company, is the sole manager of the Sponsor and each series thereof and, accordingly, maintains the voting rights attributable to, and the dispositive power in respect of, all of the Founder Shares underlying the Series Membership Interests. The reporting person, as the Series A Member of the Sponsor, has full power to appoint, remove or replace the sole manager of the Sponsor at any time.
F3	Pursuant to a share transfer agreement, dated as of June 7, 2021 (the "Share Transfer Agreement"), 25,000 Class B ordinary shares of the Issuer were transferred from a former director of the Issuer to Series A of the Sponsor, in connection with the former director's resignation as a director of the Issuer. Following such transfer of 25,000 Class B ordinary shares of the Issuer to Series A of the Sponsor, the reporting person is entitled to economic interests in respect of a total of 9,975,000 Class B ordinary shares. The consummation of the transaction contemplated by the Share Transfer Agreement did not result in a change in the amount of Series A membership interests owned by the reporting person.

Remarks:

Alexander F. Stern, who serves as President of the reporting person, is the Executive Chairman and a Director of the Issuer. For the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the reporting person may be deemed a director by deputization with respect to the Issuer on the basis of Mr. Stern's service on the Issuer's board of directors.