Dave Wentz - 29 Mar 2024 Form 4 Insider Report for Direct Selling Acquisition Corp. (DSAQ)

Role
Chief Executive Officer, Director
Signature
/s/ Dave Wentz
Issuer symbol
DSAQ
Transactions as of
29 Mar 2024
Net transactions value
$0
Form type
4
Filing time
02 Apr 2024, 20:00:22 UTC
Previous filing
23 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DSAQ Class A Common Stock Conversion of derivative security +5,749,000 5,749,000 29 Mar 2024 See Footnote 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 DSAQ Class B Common Stock Conversion of derivative security $0 -5,749,000 -100% $0.000000 1,000 29 Mar 2024 Class A Common Stock 5,749,000 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class B Common Stock are convertible, at the option of the holder, for the Issuer's Class A Common Stock on a one-for-one basis, for no additional consideration, and have no expiration date.
F2 DSAC Partners LLC is the record holder of the securities reported herein. DSAC Manager LLC is the manager of DSAC Partners LLC. The Reporting Person is the sole member of DSAC Manager LLC and has voting and investment discretion with respect to the common stock held of record by DSAC Partners LLC. The Reporting Person disclaims any beneficial ownership of the shares held by DSAC Partners LLC, except to the extent of the Reporting Person's pecuniary interest therein.

Remarks:

N/A