Southport Acquisition Sponsor LLC - Dec 9, 2021 Form 3 Insider Report for Southport Acquisition Corp (PORT)

Role: 10%+ Owner
Signature: Southport Acquisition Sponsor LLC, By: /s/ Jeb Spencer, Chief Executive Officer
Stock symbol: PORT
Transactions as of: Dec 9, 2021
Transactions value $: $0
Form type: 3
Date filed: 12/9/2021, 07:53 PM

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	PORT	Class B Common Stock							Dec 9, 2021	Class A Common Stock	5.75M		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares of Class B Common Stock will automatically convert into shares of the Issuer's 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 adjustment, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-261370), and have no expiration date.

Content

Shares of Class B Common Stock will automatically convert into shares of the Issuer's 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 adjustment, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-261370), and have no expiration date.