Daniel J. O'Connor - Jan 6, 2022 Form 4 Insider Report for Larkspur Health Acquisition Corp. (ZVSA)

Role: Chief Executive Officer, Director
Signature: /s/ Daniel O'Connor
Stock symbol: ZVSA
Transactions as of: Jan 6, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/10/2022, 04:31 PM
Previous filing: Jan 6, 2022
Next filing: Jun 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZVSA	Class A Common Stock	Other	$0	+42K		$0.00	42K	Jan 6, 2022	See Footnote	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	ZVSA	Class B common stock	Other	$0	-23.4K	-10.42%	$0.00	201K	Jan 6, 2022	Class A common stock	23.4K		See Footnote	F2, F3, F4
transaction	ZVSA	Class B common stock	Other	$0	+609	+0.3%	$0.00	202K	Jan 6, 2022	Class A common stock	609		See Footnote	F2, F3, F5

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

Explanation of Responses:

Id	Content
F1	These shares are underlying units (each unit consisting of one share of Class A common stock and three-fourths of one warrant, each whole warrant exercisable to purchase one share of Class A common stock) acquired in a private placement by the Larkspur Health LLC (the "Sponsor") in connection with the issuer's initial public offering and subsequent partial exercise of the underwriters' over-allotment option. The above refers to the shares of Class A common stock included in the units purchased.
F2	The shares represent those owned by Mr. O'Connor, a member of Larkspur Health LLC based on his pro rata share of ownership of Larkspur Health LLC.
F3	As described in the Issuer's registration statement on Form S-1 (File No. 333-256056) (the "Registration Statement") under the section entitled "Description of Securities - Founder Shares," the shares of Class B Common Stock, par value $0.0001 per share, will automatically be converted into shares of Class A Common Stock, par value $0.0001 per share, at the time of the Issuer's initial business combination, on a one-for-one basis, subject to certain adjustment described therein, and have no expiration date
F4	As contemplated in connection with the initial public offering of the Issuer, 22,343 shares of Class B common stock of the Issuer were forfeited for no consideration and cancelled because the underwriters of the Issuer's initial public offering did not exercise their over-allotment option in full, as described in the Issuer's Registration Statement.
F5	In connection with the partial exercise of the underwriters' over-allotment option, A.G.P./Alliance Global Partners transferred 3,427 shares to the Sponsor for no consideration.