William E. Klitgaard - Mar 28, 2024 Form 4 Insider Report for Zapata Computing Holdings Inc. (ZPTA)

Role
Director
Signature
/s/ Stacie S. Aarestad, Attorney-in-Fact
Stock symbol
ZPTA
Transactions as of
Mar 28, 2024
Transactions value $
$0
Form type
4
Date filed
4/1/2024, 09:26 AM
Previous filing
Sep 28, 2023
Next filing
Jul 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZPTA Common Stock Award +126K 126K Mar 28, 2024 Direct F1

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 ZPTA Stock Option (Right to Buy) Award +68.6K 68.6K Mar 28, 2024 Common Stock 68.6K $3.80 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in connection with the business combination (the "Merger") of a wholly owned subsidiary of the Issuer with Zapata Computing, Inc. ("Private Zapata"). In accordance with a Note Exchange Agreement, dated March 28, 2024, by and among the Reporting Person, the Issuer and Private Zapata, at the effective time of the Merger, the Reporting Person exchanged an outstanding Senior Secured Promissory Note between the Reporting Person and Private Zapata, with an aggregate principal amount, together with then-outstanding interest, of $568,568.92, for 126,348 shares of common stock of the Issuer, at a conversion price of $4.50 per share.
F2 The option will become exercisable in equal annual installments over two years from July 3, 2023.
F3 Received in accordance with the terms of the Business Combination Agreement (the "Business Combination Agreement"), dated as of September 6, 2023, by and among the Issuer, Tigre Merger Sub, Inc. and Zapata Computing, Inc. ("Private Zapata"), in exchange for an option to acquire 75,000 shares of common stock of Private Zapata at a purchase price of $3.47 per share.