Semper Paratus Sponsor LLC - Jan 30, 2023 Form 4 Insider Report for Semper Paratus Acquisition Corp (LGST)

Role: 10%+ Owner
Signature: /s/ Jeff Rogers Name: Jeff Rogers Title: Managing Member
Stock symbol: LGST
Transactions as of: Jan 30, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/1/2023, 06:55 PM
Previous filing: Nov 8, 2021
Next filing: Jun 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LGST	Class A Ordinary Shares, par value $0.0001	Conversion of derivative security		+12M	+921.79%		13.3M	Jan 30, 2023	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	LGST	Class B Ordinary Shares	Conversion of derivative security		-12M	-100%		0	Jan 30, 2023	Class A Ordinary Shares	12M		Direct	F1

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

Explanation of Responses:

Id	Content
F1	On January 30, 2023, the Reporting Person elected to convert the 11,983,333 Class B ordinary shares ("Class B Shares") of Semper Paratus Acquisition Corp (the "Issuer") held by the Reporting Person into Class A ordinary shares of the Issuer ("Class A Shares") on a one-for-one basis. As a result, 11,983,333 Class B Shares were cancelled and 11,983,333 Class A Shares were issued to the Reporting Person on January 30, 2023. Pursuant to the Amended and Restated Memorandum and Articles of Association of the Issuer, the Class B Shares shall convert into Class A Shares on a one-for-one basis: (a) at any time and from time to time at the option of the holders thereof; or (b) automatically on the day of the consummation of the issuer's initial business combination, subject to certain adjustments described therein.

Content

On January 30, 2023, the Reporting Person elected to convert the 11,983,333 Class B ordinary shares ("Class B Shares") of Semper Paratus Acquisition Corp (the "Issuer") held by the Reporting Person into Class A ordinary shares of the Issuer ("Class A Shares") on a one-for-one basis. As a result, 11,983,333 Class B Shares were cancelled and 11,983,333 Class A Shares were issued to the Reporting Person on January 30, 2023. Pursuant to the Amended and Restated Memorandum and Articles of Association of the Issuer, the Class B Shares shall convert into Class A Shares on a one-for-one basis: (a) at any time and from time to time at the option of the holders thereof; or (b) automatically on the day of the consummation of the issuer's initial business combination, subject to certain adjustments described therein.