Alexander V. Schinzing - Dec 1, 2022 Form 4 Insider Report for Financial Strategies Acquisition Corp. (FXCO)

Role
Chief Executive Officer, 10%+ Owner
Signature
/s/ Alexander V. Schinzing
Stock symbol
FXCO
Transactions as of
Dec 1, 2022
Transactions value $
$0
Form type
4
Date filed
2/6/2023, 05:06 AM
Previous filing
Dec 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FXCO Class A Common Stock Conversion of derivative security +775K +387.5% 975K Dec 1, 2022 See Footnote F1, F2, F3, F4, F5
transaction FXCO Class A Common Stock Conversion of derivative security +416K 416K Dec 1, 2022 See Footnote F1, F2, F3, F4, F6
transaction FXCO Class A Common Stock Conversion of derivative security +375K 375K Dec 1, 2022 See Footnote F1, F2, F3, F4, F7
transaction FXCO Class A Common Stock Conversion of derivative security +200K +400% 250K Dec 1, 2022 See Footnote F1, F2, F3, F4, F8
transaction FXCO Class A Common Stock Conversion of derivative security +85K 85K Dec 1, 2022 See Footnote F1, F2, F3, F4, F9

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 FXCO Class B Common Stock Conversion of derivative security -775K -100% 0 Dec 1, 2022 Class A Common Stock 775K See Footnote F1, F2, F3, F4, F5
transaction FXCO Class B Common Stock Conversion of derivative security -416K -100% 0 Dec 1, 2022 Class A Common Stock 416K See Footnote F1, F2, F3, F4, F6
transaction FXCO Class B Common Stock Conversion of derivative security -375K -100% 0 Dec 1, 2022 Class A Common Stock 375K See Footnote F1, F2, F3, F4, F7
transaction FXCO Class B Common Stock Conversion of derivative security -200K -100% 0 Dec 1, 2022 Class A Common Stock 200K See Footnote F1, F2, F3, F4, F8
transaction FXCO Class B Common Stock Conversion of derivative security -85K -100% 0 Dec 1, 2022 Class A Common Stock 85K See Footnote F1, F2, F3, F4, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer's Class B Common Stock is convertible into Class A Common Stock at any time at the option of the holder, on a one-for-one basis, and has no expiration date.
F2 This statement is filed jointly by and on behalf of Mr. Schinzing, FSC Sponsor LLC ("FSC Sponsor"), Celtic Asset & Equity Partners, Ltd. ("Celtic A&E") and Caliente Management L.L.C. ("Caliente"). FSC Sponsor, Celtic A&E, Caliente, Celtic Sponsor VII LLC ("Celtic Sponsor VII") and Frio Investments L.L.C. ("Frio") are the direct beneficial owners of the securities covered by this statement.
F3 FSC Sponsor is the managing member of, and may be deemed to beneficially own securities owned by, Caliente and Frio. Mr. Schinzing is the managing member of FSC Sponsor and Celtic A&E and the manager of Celtic Sponsor VII. Therefore, Mr. Schinzing may be deemed to beneficially own securities owned by each of FSC Sponsor, Celtic A&E, Caliente, Frio and Celtic Sponsor VII.
F4 The reporting persons state that neither the filing of this statement nor anything herein shall be deemed an admission that such persons are, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the ?Exchange Act?), or otherwise, the beneficial owners of any securities covered by this statement. The reporting persons disclaim beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such persons in such securities.
F5 Represents shares directly beneficially owned by FSC Sponsor.
F6 Represents shares directly beneficially owned by Celtic A&E.
F7 Represents shares directly beneficially owned by Caliente.
F8 Represents shares directly beneficially owned by Celtic Sponsor VII.
F9 Represents shares directly beneficially owned by Frio.