Papaya Growth Opportunity I Sponsor, LLC - 16 Feb 2024 Form 4 Insider Report for Papaya Growth Opportunity Corp. I (PPYA)

Role
10%+ Owner
Signature
/s/ Clay Whitehead, Managing Member
Issuer symbol
PPYA
Transactions as of
16 Feb 2024
Net transactions value
$0
Form type
4
Filing time
21 Feb 2024, 17:00:59 UTC
Previous filing
19 Jan 2022
SEC
View on sec.gov

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 Options Exercise +7,528,875 +675% 8,644,375 16 Feb 2024 Direct F1, F2

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 PPYA Class B Common Stock, par value $0.0001 Options Exercise $0 -7,528,875 -100% $0.000000* 0 16 Feb 2024 Class A Common Stock 7,528,875 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person, as the holder of 100% of the Issuer's shares of Class B common stock, determined to convert all outstanding shares of Class B common stock into shares of Class A common stock on a one-for-one basis. The shares of Class B common stock have no expiration date.
F2 Includes 1,115,500 units of the Issuer. Each unit consists of one share of the Issuer's Class A common stock and one-half of one redeemable warrant.