JAR Sponsor, LLC - Jan 3, 2022 Form 4 Insider Report for L&F Acquisition Corp. (ZFOX)

Role
10%+ Owner
Signature
JAR Sponsor, LLC /s/ Zachary Malkin By: Zachary Malkin Title: Secretary
Stock symbol
ZFOX
Transactions as of
Jan 3, 2022
Transactions value $
$0
Form type
4
Date filed
1/5/2022, 08:00 PM

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 ZFOX Class B ordinary shares Disposed to Issuer +39.7K +0.95% 4.2M Jan 3, 2022 Class A ordinary shares 39.7K Direct F1, F2, F3
* 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. 333-249497) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001, will automatically convert into Class A ordinary shares, par value $0.0001, of the issuer at the time of the issuer's initial business combination transaction on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2 The reported securities were transferred for no consideration in connection with the appointment of Kurt Summers as a director of the issuer.
F3 The reporting person is controlled by Jeffrey C. Hammes, Adam Gerchen and Richard Levy, and as such each have voting and investment discretion with respect to the securities held by the reporting person and may be deemed to have beneficial ownership of the securities held directly by the reporting person.