Richard L. Jackson - Dec 8, 2021 Form 3/A - Amendment Insider Report for Jackson Acquisition Co (RJAC)

Signature
/s/ Richard L. Jackson
Stock symbol
RJAC
Transactions as of
Dec 8, 2021
Transactions value $
$0
Form type
3/A - Amendment
Date filed
12/28/2021, 03:00 PM
Date Of Original Report
Dec 8, 2021
Next filing
Dec 9, 2024

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 RJAC Class B Common Stock Dec 8, 2021 Class A Common Stock 5.64M See Footnote F1, F2
holding RJAC Class B Common Stock Dec 8, 2021 Class A Common Stock 5.64M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the issuer's registration statement on Form S-1 (File No. 333-254727) under the heading "Description of Securities - Founder Shares," the shares of Class B common stock, par value $0.0001 per share, of the issuer will automatically convert into shares of Class A common stock, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment, and have no expiration date. Includes 750,000 shares of Class B common stock that are subject to forfeiture if the underwriter of the issuer's initial public offering does not exercise in full its option to purchase additional units.
F2 The shares are owned directly by RJ Healthcare SPAC, LLC (the "Sponsor"). Mr. Jackson has an interest in shares of Class B common stock through his membership interest in the Sponsor. The Sponsor is managed by a board of managers consisting of entities controlled by Richard L. Jackson, President and Chief Executive Officer and director of the issuer, and John Ellis Bush, chairman of the board of directors of the issuer. Mr. Jackson is the controlling member of the Sponsor and exercises voting and dispositive control over the securities held by the Sponsor. Mr. Jackson disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Remarks:

This Form 3 is being amended and restated solely for the purpose of adding the EDGAR codes for RJ Healthcare SPAC, LLC. Exhibit 24.1 - Power of Attorney Exhibit 24.2 - Power of Attorney