Home Plate Sponsor LLC - 30 Mar 2023 Form 4 Insider Report for Home Plate Acquisition Corp

Role
10%+ Owner
Signature
/s/ Daniel Ciporin, Manager, on behalf of Home Plate Sponsor LLC
Issuer symbol
N/A
Transactions as of
30 Mar 2023
Net transactions value
$0
Form type
4
Filing time
26 Jun 2023, 18:57:26 UTC
Previous filing
29 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPLT Class A Common Stock Conversion of derivative security $0 +3,550,000 $0.000000 3,550,000 30 Mar 2023 Direct F3

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 HPLT Class B Common Stock Conversion of derivative security $0 -3,550,000 -100% $0.000000* 0 30 Mar 2023 Class A Common Stock 3,550,000 Direct 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, par value $0.0001 per share ("Class B Common Stock"), of the issuer are convertible into an equal number of shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the issuer and have no expiration date. On March 30, 2023, the Reporting Person elected to convert 3,550,000 shares of Class B Common Stock into shares of Class A Common Stock.
F2 The number of shares of Class B Common Stock gives effect to the forfeiture of 750,000 shares of Class B Common Stock by the Reporting Person, with effect as of November 13, 2021, as a result of the underwriters in the issuer's initial public offering not exercising the over-allotment option in full or in part.
F3 The shares are held directly by the Reporting Person. Daniel Ciporin indirectly controls the Reporting Person, and may be deemed to beneficially own the securities held by the Reporting Person. Mr. Ciporin disclaims beneficial ownership of the securities held by the Reporting Person except to the extent of his pecuniary interest therein.