Spartan Acquisition Sponsor II LLC - Jul 9, 2021 Form 4 Insider Report for Sunlight Financial Holdings Inc. (SUNL)

Role: 10%+ Owner
Signature: [See signatures attached as Exhibit 99.2]
Stock symbol: SUNL
Transactions as of: Jul 9, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/13/2021, 04:30 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	SUNL	Class A Common Stock	Conversion of derivative security		+7.34M			7.34M	Jul 9, 2021	Direct	F1, F2

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	SUNL	Class B Common Stock	Other		-1.19M	-13.93%		7.34M	Jul 9, 2021	Class A Common Stock	1.19M		Direct	F2, F3, F4
transaction	SUNL	Class B Common Stock	Conversion of derivative security		-7.34M	-100%		0	Jul 9, 2021	Class A Common Stock	7.34M		Direct	F1, F2, F4

Spartan Acquisition Sponsor II LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	In connection with the closing of the business combination (the "business combination") among Spartan Acquisition Corp. II ("Spartan"), SL Invest I Inc., SL Invest II LLC, SL Financial Investor I LLC, SL Financial Investor II LLC, SL Financial Holdings Inc., SL Financial LLC, Sunlight Financial LLC, FTV-Sunlight, Inc. and Tiger Co-Invest B Sunlight Blocker, LLC, on July 9, 2021, shares of Class B Common Stock held of record by Spartan Acquisition Sponsor II LLC (the "Sponsor") automatically converted into shares of Spartan's Class A Common Stock on a one-for-one basis. Upon consummation of the business combination, Spartan changed its name to "Sunlight Financial Holdings Inc."
F2	See Exhibit 99.1.
F3	Immediately prior to the closing of the business combination, the Sponsor automatically and irrevocably surrendered and forfeited to Spartan, for no consideration and as a contribution to Spartan's capital, 1,187,759 shares of Class B Common Stock.
F4	The shares of Class B Common Stock were automatically convertible into shares of Class A Common Stock at the time of Spartan's initial business combination on a one-for-one basis and had no expiration date.