Robert Prather - Jan 20, 2022 Form 3 Insider Report for Heartland Media Acquisition Corp. (HMA)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
ROBERT S. PRATHER, JR. By: /s/ Robert S. Prather, Jr.
Stock symbol
HMA
Transactions as of
Jan 20, 2022
Transactions value $
$0
Form type
3
Date filed
1/20/2022, 05:33 PM
Previous filing
May 17, 2021
Next filing
Feb 9, 2022

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 HMA Class B common stock, $0.0001 par value per share Jan 20, 2022 Class A common stock, $0.0001 par value per share 5.75M See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class B common stock are convertible for shares of the Issuer's Class A common stock as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-261374) (the "Registration Statement") and have no expiration date. The shares of Class B common stock beneficially owned by the Reporting Person include up to 750,000 shares of Class B common stock subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in connection with the Issuer's initial public offering of units, as described in the Registration Statement.
F2 The shares are held directly by the Issuer's sponsor, Heartland Sponsor LLC (the "Sponsor"). The managing member of the Sponsor is Robert S. Prather, Jr. Mr. Prather has sole voting and dispositive power over the shares held by the Sponsor and disclaims beneficial ownership over any securities owned by the Sponsor in which he does not have any pecuniary interest.

Remarks:

Exhibit 24 - Power of Attorney