Ryan M. Gilbert - Nov 18, 2021 Form 3 Insider Report for FTAC ZEUS ACQUISITION CORP. (ZING)

Role
President and CEO, Director, 10%+ Owner
Signature
/s/ Ryan M. Gilbert
Stock symbol
ZING
Transactions as of
Nov 18, 2021
Transactions value $
$0
Form type
3
Date filed
11/18/2021, 05:25 PM
Previous filing
Jun 29, 2021
Next filing
Nov 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ZING Class A common shares 1.7M Nov 18, 2021 By FTAC Zeus Sponsor, LLC F1, F2, 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
holding ZING Class B common shares Nov 18, 2021 Class A common shares 6.9M By FTAC Zeus Sponsor, LLC F2, F3, F4
holding ZING Warrants Nov 18, 2021 Class A common shares 850K $11.50 By FTAC Zeus Sponsor, LLC F2, F3, F5, F6, F7
holding ZING Class B common shares Nov 18, 2021 Class A common shares 5.33M By FTAC Zeus Advisors, LLC F2, F3, F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares underlie 1,700,000 units of the issuer that FTAC Zeus Sponsor, LLC has irrevocably committed to purchase.
F2 The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
F3 These shares are held directly by the issuer's sponsors, FTAC Zeus Sponsor, LLC and FTAC Zeus Advisors, LLC, which are co-managed by the reporting person.
F4 The Class B common shares will automatically convert into Class A common shares at the time of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents and have no expiration date.
F5 The warrants will become exercisable 30 days after the consummation of the issuer's initial business combination.
F6 The warrants will expire five years after the consummation of the issuer's initial business combination or earlier upon redemption of all of the issuer's outstanding Class A common shares or the issuer's liquidation.
F7 These warrants underlie 1,700,000 units of the issuer that FTAC Zeus Sponsor, LLC has irrevocably committed to purchase.
F8 Includes up to 1,776,250 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option.

Remarks:

Exhibit 24 - Power of Attorney