Jupiter Wellness Sponsor LLC - Dec 6, 2021 Form 3 Insider Report for Jupiter Wellness Acquisition Corp. (JWACU)

Signature
/s/ Brian S. John, the Managing Member of Jupiter Wellness Sponsor LLC
Stock symbol
JWACU
Transactions as of
Dec 6, 2021
Transactions value $
$0
Form type
3
Date filed
12/6/2021, 04:35 PM
Next filing
Dec 13, 2021

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 JWACU Class B Common Stock Dec 6, 2021 Class A Common Stock 3.45M See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the registrant's registration statement on Form S-1 (File No. 333- 260667) under the heading "Description of Securities-Founder Shares," the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the registrant's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
F2 These shares of Class B common stock are held by Jupiter Wellness Sponsor LLC, acquired pursuant to a subscription agreement dated as of September 20, 2021 by and among Jupiter Wellness Sponsor LLC and the registrant. Brian S. John, the Chief Executive Officer of the registrant, is the sole manager of Jupiter Wellness Sponsor LLC. Mr. John has sole voting and dispositive control over the shares held by Jupiter Wellness Sponsor LLC and may be deemed the beneficial owner of such shares. These shares include an aggregate of 375,000 shares that are subject to forfeiture to the extent that the underwriters do not exercise their over-allotment option in connection with the registrant's initial public offering in full. Mr. John disclaims any such beneficial ownership except to the extent of his pecuniary interest