David Gow - Oct 21, 2021 Form 4 Insider Report for Sportsmap Tech Acquisition Corp. (SMAP)

Role
Chief Executive Officer, Director
Signature
/s/ David Gow
Stock symbol
SMAP
Transactions as of
Oct 21, 2021
Transactions value $
$0
Form type
4
Date filed
10/25/2021, 05:47 PM
Previous filing
Oct 18, 2021
Next filing
Jun 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAP Common Stock Purchase +540K +23.48% 2.84M Oct 21, 2021 By SportsMap, LLC F1, F5

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 SMAP Private Warrants to purchase common stock Purchase +405K 405K Oct 21, 2021 Common stock 405K $11.50 By SportsMap, LLC F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are included within the 540,000 units of the issuer held by SportsMap, LLC ("Sponsor") and purchased for $10.00 per unit. Each unit consists of one share of common stock and three-quarters of one warrant.
F2 These warrants underly 540,000 units of the issuer held by the Sponsor.
F3 The warrants become exercisable on the later of (i) 30 days after the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering.
F4 The warrants expire five years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the Form S-1 (File No. 333-259912).
F5 The units are held by Sponsor. David Gow is the sole manager of the Sponsor. Mr. Gow disclaims beneficial ownership of the securities held by the Sponsor except to the extent of his pecuniary interest therein.