David A. Friedberg - Aug 10, 2021 Form 3 Insider Report for TPB Acquisition Corp I (TPBAU)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Michelle Peleg, Attorney-in-Fact
Stock symbol
TPBAU
Transactions as of
Aug 10, 2021
Transactions value $
$0
Form type
3
Date filed
8/10/2021, 07:30 PM
Previous filing
Jun 7, 2021
Next filing
Sep 28, 2021

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 TPBAU Class B ordinary shares Aug 10, 2021 Class A ordinary shares 4.93M By TPB Acquisition Sponsor I, LLC 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. 333-253325) under the heading "Description of Securities", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, 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 adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2 The Class B ordinary shares beneficially owned by the reporting person include up to 656,250 shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement.
F3 The securities reported herein are held by TPB Acquisition Sponsor I, LLC (the "Sponsor"). The reporting person is the manager of the Sponsor, and as such has voting and investment discretion with respect to the securities held by the Sponsor and may be deemed to have beneficial ownership of the securities held directly by the Sponsor. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney No Table I securities beneficially owned