Onyx Acquisition Sponsor Co. LLC - 02 Nov 2021 Form 3 Insider Report for Onyx Acquisition Co. I

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	ONYX	Class B ordinary shares							02 Nov 2021	Class A ordinary shares	6,522,500		Direct	F1, F2, F3

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

Id	Content
F1	As described in Onyx Acquisition Co. I's (the "Issuer") registration statement on Form S-1 (File No. 333-260110) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001 per share (the "Class B Shares"), 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 Shares beneficially owned by the reporting person include up to 862,500 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	Michael Stern, Benjamin Lerner and Matthew Vodola control the reporting person, and as such have voting and investment discretion with respect to the securities held by the the reporting person and may be deemed to have beneficial ownership of the securities held directly by the reporting person.