Iconic Sports Management LLC - 26 Oct 2021 Form 4 Insider Report for Iconic Sports Acquisition Corp.

Role
10%+ Owner
Signature
/s/ Fausto Zanetton, Attorney-in-Fact for Iconic Sports Management LLC
Issuer symbol
N/A
Transactions as of
26 Oct 2021
Net transactions value
$0
Form type
4
Filing time
09 Nov 2021, 19:19:55 UTC
Previous filing
21 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICNC Class A Ordinary Shares, par value $0.0001 Purchase +5,000,000 5,000,000 26 Oct 2021 Direct 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 ICNC Warrants Purchase +2,500,000 2,500,000 26 Oct 2021 Class A Ordinary Shares 2,500,000 $11.50 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Iconic Sports Management LLC (the "Reporting Person") is the record holder of the securities reported herein. The Reporting Person is governed by a board of managers consisting of four managers. Each manager has one vote, and the approval of a majority of the managers is required to approve an action on behalf of the Reporting Person.
F2 The Reporting Person purchased 5,000,000 units of the Issuer in the Issuer's initial public offering for $10.00 per unit. Each unit consists of one share of the Issuer's Class A ordinary share, par value $0.0001, and one-half of one redeemable warrant (the "Warrants"), as described under the heading "Description of Securities - Units" in the Issuer's registration statement on Form S-1 (File No. 333-260096).
F3 The Warrants become exercisable 30 days after the completion of an initial business combination for an exercise price of $11.50 per Warrant and expire five years after the completion of an initial business combination, or earlier upon redemption or liquidation.