Daniel Neukomm - 27 Jul 2023 Form 4 Insider Report for Revelstone Capital Acquisition Corp.

Role
Co-CEO and Director, Director
Signature
/s/ Daniel Neukomm
Issuer symbol
N/A
Transactions as of
27 Jul 2023
Net transactions value
$0
Form type
4
Filing time
04 Jan 2024, 19:18:38 UTC
Previous filing
10 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCAC Class A Common Stock, par value $0.0001 per share Conversion of derivative security $0 +550,361 $0.000000 550,359 27 Jul 2023 Direct F1
transaction RCAC Class A Common Stock, par value $0.0001 per share Conversion of derivative security $0 +495,000 $0.000000 495,000 27 Jul 2023 See footnote F1, F3
transaction RCAC Class A Common Stock, par value $0.0001 per share Other $0 -54,873 -10% $0.000000 495,486 27 Jul 2023 Direct F4
transaction RCAC Class A Common Stock, par value $0.0001 per share Other $0 -54,873 -11% $0.000000 440,127 27 Jul 2023 See footnote F3, F4

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 RCAC Class B Common Stock , par value $0.0001 per share Conversion of derivative security $0 -550,359 -100% $0.000000 2 27 Jul 2023 Class A Common Stock 550,359 Direct F1, F2
transaction RCAC Class B Common Stock, par value $0.0001 per share Conversion of derivative security $0 -495,000 -100% $0.000000* 0 27 Jul 2023 Class A Common Stock 495,000 See footnote F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Daniel Neukomm is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock, par value $0.0001 per share, was converted into one share of Class A Common Stock, par value $0.0001 per share, of the issuer for no consideration
F2 As described in the issuer's registration statement on Form S-1 (File No. 333-261352) under the heading "Description of Securities," the shares of Class B common stock of the issuer will automatically convert into shares of Class A common stock of the issuer at the time of the issuer's initial business combination or earlier at the option of the holders thereof, on a one-for-one basis, subject to certain adjustments described therein, and have no expiration date.
F3 La Jolla Group, Inc., is the record holder of the securities reported herein, of which the reporting person is a director. As a director of La Jolla Group, Inc., Mr. Neukomm has voting and dispositive power over the securities held directly by La Jolla Group, Inc., and disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F4 After the conversion of shares of Class B Common Stock to shares of Class A Common Stock, these shares were transferred from the reporting person pursuant to a Stock Transfer Agreement dated July 27, 2023 for no consideration.