Alexander I. Abell - 13 Oct 2023 Form 4 Insider Report for P10, Inc. (PX)

Role
Other*
Signature
/s/Amanda Coussens, as Attorney in Fact for the Reporting Person
Issuer symbol
PX
Transactions as of
13 Oct 2023
Net transactions value
-$335,216
Form type
4
Filing time
01 Dec 2023, 08:50:04 UTC
Next filing
12 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PX Class A Common Stock Conversion of derivative security +457,496 +3167% 471,941 13 Oct 2023 Direct F1, F2
transaction PX Class A Common Stock Sale $136,216 -14,445 -3.1% $9.43 457,496 20 Nov 2023 Direct
transaction PX Class A Common Stock Sale $99,000 -10,000 -2.2% $9.90 447,496 29 Nov 2023 Direct
transaction PX Class A Common Stock Sale $100,000 -10,000 -2.2% $10.00 437,496 29 Nov 2023 Direct

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 PX Class B Common Stock Conversion of derivative security -457,496 -33% 914,993 13 Oct 2023 Class A Common Stock 457,496 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock.
F2 Continued from Footnote 2: A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter.

Remarks:

The reporting person may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's Common Stock.