Slam Sponsor, LLC - Oct 13, 2023 Form 4 Insider Report for Slam Corp. (SLAM)

Role
10%+ Owner
Signature
/s/ Himanshu Gulati, as authorized signatory
Stock symbol
SLAM
Transactions as of
Oct 13, 2023
Transactions value $
-$5,000
Form type
4
Date filed
10/13/2023, 09:30 PM
Previous filing
Apr 26, 2023
Next filing
Dec 14, 2023

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 Sale -$5K -5K -0.04% $1.00 14.2M Oct 13, 2023 Class A ordinary shares 5K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 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 On October 13, 2023, the Sponsor sold 5,000 Class B Shares to RX2LX3 Family LP for $5,000, or approximately $1.00 per share, in connection with Ryan Bright's appointment as Chief Financial Officer of the issuer.