Daniel Neukomm - Dec 16, 2021 Form 3 Insider Report for Revelstone Capital Acquisition Corp. (RCAC)

Role: Co-Chief Executive Officer, Director
Signature: /s/ Daniel Neukomm
Stock symbol: RCAC
Transactions as of: Dec 16, 2021
Transactions value $: $0
Form type: 3
Date filed: 12/16/2021, 08:19 PM
Previous filing: Dec 3, 2021
Next filing: Jan 4, 2022

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	RCAC	Class B common stock							Dec 16, 2021	Class A common stock	607K		Direct	F1
holding	RCAC	Class B common stock							Dec 16, 2021	Class A common stock	518K		See footnote	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 (File No. 333-261352) under the heading "Description of Securities," the shares of Class B common stock of the issuer will automatically convert into shares of Class A common stock of the issuer at the time of the issuer's initial business combination or earlier at the option of the holders thereof, on a one-for-one basis, subject to certain adjustments described therein, and have no expiration date.
F2	These shares represent 517,500 shares of Class B common stock are held by La Jolla Group, Inc., of which the reporting person is the chief executive officer. As chief executive officer of La Jolla Group, Inc., Mr. Neukomm has voting and dispositive power over the securities held directly by La Jolla Group, Inc., and disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Content

As described in the issuer's registration statement on Form S-1 (File No. 333-261352) under the heading "Description of Securities," the shares of Class B common stock of the issuer will automatically convert into shares of Class A common stock of the issuer at the time of the issuer's initial business combination or earlier at the option of the holders thereof, on a one-for-one basis, subject to certain adjustments described therein, and have no expiration date.

These shares represent 517,500 shares of Class B common stock are held by La Jolla Group, Inc., of which the reporting person is the chief executive officer. As chief executive officer of La Jolla Group, Inc., Mr. Neukomm has voting and dispositive power over the securities held directly by La Jolla Group, Inc., and disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.