Jacob Loveless - Jan 25, 2022 Form 4 Insider Report for HCM Acquisition Corp (HCMA)

Role: Director
Signature: /s/ Jacob Loveless, by James Bond, Attorney-in-Fact
Stock symbol: HCMA
Transactions as of: Jan 25, 2022
Transactions value $: $50
Form type: 4
Date filed: 1/27/2022, 03:55 PM
Previous filing: Jan 20, 2022
Next filing: Mar 22, 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
transaction	HCMA	Class B Ordinary Shares	Other	$50.00	+25K		$0.00^*	25K	Jan 25, 2022	Class A Ordinary Shares	25K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Class B ordinary shares are automatically convertible into the shares of the Issuer's Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The Class B ordinary shares are subject to forfeiture under certain circumstances relating to Mr. Loveless's service on the Issuer's Board of Directors.
F2	As contemplated by the securities purchase agreement between HCM Investor Holdings, LLC (the "Sponsor") and Mr. Loveless, dated January 25, 2022, the Sponsor assigned 25,000 Class B ordinary shares to Mr. Loveless in connection with Mr. Loveless's appointment to the Issuer's Board of Directors.

Content

The Class B ordinary shares are automatically convertible into the shares of the Issuer's Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The Class B ordinary shares are subject to forfeiture under certain circumstances relating to Mr. Loveless's service on the Issuer's Board of Directors.

As contemplated by the securities purchase agreement between HCM Investor Holdings, LLC (the "Sponsor") and Mr. Loveless, dated January 25, 2022, the Sponsor assigned 25,000 Class B ordinary shares to Mr. Loveless in connection with Mr. Loveless's appointment to the Issuer's Board of Directors.