George Syllantavos - Feb 10, 2022 Form 4 Insider Report for Cepton, Inc. (CPTN)

Role: Director
Signature: /s/ George Syllantavos
Stock symbol: CPTN
Transactions as of: Feb 10, 2022
Transactions value $: $617,500
Form type: 4
Date filed: 2/14/2022, 08:42 PM
Previous filing: Sep 17, 2021
Next filing: Jul 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CPTN	Common Stock	Other	$0	+359K		$0.00	359K	Feb 10, 2022	Direct	F1

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	CPTN	Class B Common Stock	Other		-359K	-100%		0	Feb 10, 2022	Common Stock	359K		Direct	F1
transaction	CPTN	Warrants	Award	$618K	+618K		$1.00	618K	Feb 10, 2022	Common Stock	618K	$11.50	See Footnote	F2, F3

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

Explanation of Responses:

Id	Content
F1	Shares of Class B common stock of Growth Capital Acquisition Corp. ("GCAC" and, upon consummation of GCAC's business combination (the "Business Combination") with Cepton Technologies, Inc., GCAC as the surviving issuer as renamed Cepton, Inc. (the "Issuer")) held by the Reporting Person automatically converted into shares of the Issuer's common stock, par value $0.00001 per share ("Common Stock"), on February 10, 2022, upon the consummation of the Business Combination, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights. The shares of Class B common stock did not have an expiration date. The securities reported herein were distributed to the Reporting Person by Nautilus Carriers LLC, one of the sponsors in GCAC's initial public offering of which the Reporting Person is a member (the "Sponsor"), in connection with the Sponsor's pro rata distribution of the securities to its members.
F2	The Sponsor acquired these warrants for a purchase price of $1.00 per warrant in connection with GCAC's initial public offering. The warrants become eligible for exercise 30 days following the consummation of the Business Combination.
F3	The warrants reported herein are held by Magellan Investments Corp., of which the Reporting Person is the president and the sole director, and accordingly the Reporting Person is deemed the beneficial owner of the warrants held by Magellan Investments Corp. and to have sole voting and dispositive control over such securities.