Wolney Edirley Goncalves Betiol - Jul 23, 2021 Form 4 Insider Report for HPX Corp. (HPX)

Role: Director
Signature: /s/ Wolney Edirley Goncalves Betiol
Stock symbol: HPX
Transactions as of: Jul 23, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/26/2021, 09:20 PM
Previous filing: Jul 26, 2021

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	HPX	Class B ordinary shares	Purchase		+20K			20K	Jul 23, 2021	Class A ordinary shares	20K		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, as amended (File No. 333-239486), under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001 per share, of the issuer ("Class B Ordinary Shares") will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for share sub-divisions, share dividends, rights issuances, consolidations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2	On July 23, 2021, Marco Racy Kheirallah, a former director of the issuer (the "Transferor"), transferred 20,000 Class B Ordinary Shares to the reporting person for approximately $0.004 per share, the initial purchase price per share paid by the Transferor for his Class B Ordinary Shares, and as a result, the Transferor no longer holds any shares of the issuer.

Content

As described in the issuer's registration statement on Form S-1, as amended (File No. 333-239486), under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001 per share, of the issuer ("Class B Ordinary Shares") will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for share sub-divisions, share dividends, rights issuances, consolidations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

On July 23, 2021, Marco Racy Kheirallah, a former director of the issuer (the "Transferor"), transferred 20,000 Class B Ordinary Shares to the reporting person for approximately $0.004 per share, the initial purchase price per share paid by the Transferor for his Class B Ordinary Shares, and as a result, the Transferor no longer holds any shares of the issuer.