Conyers Park Sponsor LLC - 07 Jan 2022 Form 4 Insider Report for Simply Good Foods Co (SMPL)

Role: Director, 10%+ Owner
Signature: /s/ Brian Ratzan, as Member
Issuer symbol: SMPL
Transactions as of: 07 Jan 2022
Net transactions value: +$67,000,000
Form type: 4
Filing time: 11 Jan 2022, 19:02:55 UTC
Previous filing: 15 Nov 2021
Next filing: 13 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMPL	Common Stock	Conversion of derivative security	$77,050,000	+6,700,000	+75%	$11.50	15,636,017	07 Jan 2022	Direct	F1
transaction	SMPL	Common Stock	Disposed to Issuer		-1,869,239	-12%		13,766,778	07 Jan 2022	Direct	F1

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	SMPL	Warrants	Conversion of derivative security	$10,050,000	-6,700,000	-100%	$1.50^*	0	07 Jan 2022	Common Stock	6,700,000	$11.50	Direct

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

Explanation of Responses:

Id	Content
F1	Reflects the Reporting Person's exercise of warrants to acquire 6,700,000 shares of the Issuer's Common Stock. The exercise was effected by the Reporting Person on a cashless basis pursuant to the terms of the Warrant Agreement with the Issuer withholding 1,869,239 shares of Common Stock reflecting the payment of the exercise price.