Clay Whitehead - Jan 19, 2022 Form 4 Insider Report for Papaya Growth Opportunity Corp. I (PPYA)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Clay Whitehead
Stock symbol: PPYA
Transactions as of: Jan 19, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/19/2022, 11:29 AM
Previous filing: Jan 13, 2022
Next filing: Feb 21, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PPYA	Class A Common Stock, par value $0.0001	Purchase		+1.12M			1.12M	Jan 19, 2022	By Papaya Growth Opportunity I Sponsor, LLC	F1, F2

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

Explanation of Responses:

Id	Content
F1	The Reporting Person is the managing member of Papaya Growth Opportunity I Sponsor, LLC, a Delaware limited liability company (the "Sponsor"). As such, the Reporting Person has voting and investment discretion with respect to the common stock held of record by the Sponsor and may be deemed to have beneficial ownership of the common stock held directly by the Sponsor, and disclaims any beneficial ownership of the reported common stock other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F2	The Sponsor purchased 1,115,500 units of Papaya Growth Opportunity Corp. I (the "Issuer") in a private placement that closed simultaneously with the Issuer's initial public offering for an aggregate purchase price of $11,155,000. Each unit consists of one share of the Issuer's Class A common stock, par value $0.0001, and one-half of one redeemable warrant, as described under the heading "Description of Securities - Units - Placement Units" in the Issuer's registration statement on Form S-1 (File No. 333-261317).

Content

The Reporting Person is the managing member of Papaya Growth Opportunity I Sponsor, LLC, a Delaware limited liability company (the "Sponsor"). As such, the Reporting Person has voting and investment discretion with respect to the common stock held of record by the Sponsor and may be deemed to have beneficial ownership of the common stock held directly by the Sponsor, and disclaims any beneficial ownership of the reported common stock other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

The Sponsor purchased 1,115,500 units of Papaya Growth Opportunity Corp. I (the "Issuer") in a private placement that closed simultaneously with the Issuer's initial public offering for an aggregate purchase price of $11,155,000. Each unit consists of one share of the Issuer's Class A common stock, par value $0.0001, and one-half of one redeemable warrant, as described under the heading "Description of Securities - Units - Placement Units" in the Issuer's registration statement on Form S-1 (File No. 333-261317).