Alexander V. Schinzing - Dec 9, 2021 Form 3 Insider Report for Financial Strategies Acquisition Corp. (FXCO)

Role
10%+ Owner
Signature
/s/ Alexander V. Schinzing
Stock symbol
FXCO
Transactions as of
Dec 9, 2021
Transactions value $
$0
Form type
3
Date filed
12/9/2021, 04:04 PM
Next filing
Dec 15, 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
holding FXCO Class B Common Stock Dec 9, 2021 Class A Common Stock 775K See Footnote F1, F2, F3, F4, F5
holding FXCO Class B Common Stock Dec 9, 2021 Class A Common Stock 416K See Footnote F1, F2, F3, F4, F6
holding FXCO Class B Common Stock Dec 9, 2021 Class A Common Stock 375K See Footnote F1, F2, F3, F4, F7
holding FXCO Class B Common Stock Dec 9, 2021 Class A Common Stock 200K See Footnote F1, F2, F3, F4, F8
holding FXCO Class B Common Stock Dec 9, 2021 Class A Common Stock 85K See Footnote F1, F2, F3, F4, F9
* 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 will automatically convert into shares of Class A Common Stock at the time of the Issuer's initial business combination, or at any time prior thereto at the option of the holder, on a one-for-one basis, subject to certain adjustments, and have no expiration date.
F2 This statement is filed jointly by and on behalf of Mr. Schinzing, FSC Sponsor LLC ("FSC Sponsor"), Celtic Asset & Equity Partners, Ltd. ("Celtic A&E"), and Caliente Management L.L.C. ("Caliente"). FSC Sponsor, Celtic A&E, Caliente, Celtic Sponsor VII LLC ("Celtic Sponsor VII") and Frio Investments L.L.C. ("Frio") are the direct beneficial owners of the securities covered by this statement.
F3 FSC Sponsor is the managing member of, and may be deemed to beneficially own securities owned by, Caliente. Mr. Schinzing is the managing member of FSC Sponsor, and may be deemed to beneficially own securities owned by each of FSC Sponsor and Caliente. Mr. Schinzing is the managing member of, and may be deemed to beneficially own securities owned by, Celtic A&E. Mr. Schinzing is the manager of, and may be deemed to beneficially own securities owned by, each of Celtic Sponsor VII and Frio.
F4 The reporting persons state that neither the filing of this statement nor anything herein shall be deemed an admission that such persons are, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise, the beneficial owners of any securities covered by this statement. The reporting persons disclaim beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such persons in such securities.
F5 Represents shares directly beneficially owned by FSC Sponsor. Includes 101,087 shares which are subject to forfeiture in the event that the underwriters of the Issuer's initial public offering do not exercise their overallotment option in full.
F6 Represents shares directly beneficially owned by Celtic A&E. Includes 109,071 shares which are subject to forfeiture in the event that the underwriters of the Issuer's initial public offering do not exercise their overallotment option in full.
F7 Represents shares directly beneficially owned by Caliente. Includes 48,913 shares which are subject to forfeiture in the event that the underwriters of the Issuer's initial public offering do not exercise their overallotment option in full.
F8 Represents shares directly beneficially owned by Celtic Sponsor VII. Includes 26,087 shares which are subject to forfeiture in the event that the underwriters of the Issuer's initial public offering do not exercise their overallotment option in full.
F9 Represents shares directed beneficially owned by Frio. Includes 11,092 shares which are subject to forfeiture in the event that the underwriters of the Issuer's initial public offering do not exercise their overallotment option in full.