Michael Feinglass - Nov 7, 2023 Form 4 Insider Report for P10, Inc. (PX)

Role: Other*, 10%+ Owner
Signature: /s/Amanda Coussens as Attorney-in-Fact for the Reporting Person
Stock symbol: PX
Transactions as of: Nov 7, 2023
Transactions value $: -$303,568
Form type: 4
Date filed: 12/4/2023, 06:55 PM
Previous filing: Mar 21, 2023
Next filing: Dec 21, 2023

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		+457K			457K	Nov 7, 2023	Direct	F1, F2
transaction	PX	Class A Common Stock	Sale	-$101K	-10K	-2.19%	$10.10	447K	Nov 30, 2023	Direct	F3
transaction	PX	Class A Common Stock	Sale	-$203K	-20K	-4.47%	$10.13	427K	Dec 1, 2023	Direct	F4

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		-457K	-50%		457K	Nov 7, 2023	Class A Common Stock	457K		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 ClassB Common Stock will automatically convert into Class A Common Stock.
F2	Continued from Footnote 1: 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 havebeen 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 outstandingshares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter. On November 7, 2023, the Reporting Person elected to convert 457,496 shares of Class B Common Stock into an equivalent number of shares of Class A Common Stock.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.10 to $10.11, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.11 to $10.14, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4.

Remarks:

This Form 4 is being filed by Mr. Feinglass (the "Reporting Person"). The Reporting Person may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding Common Stock. The securities reported herein do not include any securities held by any group member other than the Reporting Person, as such securities are being reported in separate Form 4 filings.