Signal Hill Acquisition Sponsor LLC - Feb 11, 2022 Form 3 Insider Report for Signal Hill Acquisition Corp. (SGHL)

Role: Director, Paul Roberts is the Chairman of the board of directors of the Issuer., 10%+ Owner
Signature: /s/ See Signatures Included in Exhibit 99.1
Stock symbol: SGHL
Transactions as of: Feb 11, 2022
Transactions value $: $0
Form type: 3
Date filed: 2/14/2022, 08:49 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	SGHL	Class B Common Stock							Feb 11, 2022	Class A Common Stock	2.88M		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	The reported shares of Signal Hill Acquisition Corp. (the "Issuer") are directly held by Signal Hill Acquisition Sponsor, LLC (the "Sponsor"). The Issuer's shares of Class B common stock, par value $0.0001 per share, are convertible for the Issuer's shares of Class A common stock, par value $0.0001 per share, as described in the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-262042) and have no expiration date.
F2	The Sponsor is expected to forfeit to the Issuer 625,000 founder shares immediately prior to the closing of the initial public offering. In addition, if the underwriters' option to purchase additional units is not exercised, the Sponsor will forfeit to the Issuer an additional 375,000 founder shares upon the expiration of the underwriters' option to purchase additional units.
F3	The Sponsor is the record holder of such shares of Class B common stock. Mr. Roberts is the managing member of our sponsor. As such, he has voting and investment discretion with respect to the Class B common stock held of record of our sponsor. In addition, Mr. Roberts may be entitled to distributions of private placement warrants from our sponsor following the consummation of our initial business combination. Mr. Roberts disclaims any beneficial ownership of the securities held by our sponsor, other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Remarks:

Paul Roberts is the Chairman of the board of directors of the Issuer.