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

Role: 10%+ Owner
Signature: /s/ Jeff Rogers Name: Jeff Rogers Title: Managing Member
Issuer symbol: TVGN
Transactions as of: 30 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 01 Feb 2023, 18:55:39 UTC
Previous filing: 08 Nov 2021
Next filing: 08 Jun 2023
SEC: View on sec.gov

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		+11,983,333	+922%		13,283,333	30 Jan 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		-11,983,333	-100%		0	30 Jan 2023	Class A Ordinary Shares	11,983,333		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.