Hudson Bay Capital Management LP - Dec 15, 2022 Form 4 Insider Report for Model Performance Acquisition Corp (MPAC)

Role: 10%+ Owner
Signature: Hudson Bay Capital Management LP, By: /s/ Sander Gerber, Authorized Signatory
Stock symbol: MPAC
Transactions as of: Dec 15, 2022
Transactions value $: -$4,165,717
Form type: 4
Date filed: 12/19/2022, 03:21 PM
Previous filing: Nov 14, 2022
Next filing: Dec 23, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MPAC	Class A Ordinary Shares, no par value	Other	-$4.17M	-403K	-100%	$10.33	0	Dec 15, 2022	See footnote	F1, F2

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

Hudson Bay Capital Management LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The Reporting Persons elected to redeem 403,264 Class A Ordinary Shares for cash.
F2	The securities are held by HB Strategies LLC and Hudson Bay SPAC Master Fund LP (collectively, the "Funds"). Hudson Bay Capital Management LP (the "Investment Manager") serves as the investment manager of the Funds. As such, the Investment Manager may be deemed to have beneficial ownership of the securities held by the Funds. As the managing member of Hudson Bay Capital GP LLC, which is the general partner of Hudson Bay Capital Management LP, Mr. Sander Gerber may be deemed to have beneficial ownership of the securities held by the Funds. Each Reporting Person disclaims beneficial ownership of the securities held by the Funds, except to the extent of its or his pecuniary interest therein.

Content

The Reporting Persons elected to redeem 403,264 Class A Ordinary Shares for cash.

The securities are held by HB Strategies LLC and Hudson Bay SPAC Master Fund LP (collectively, the "Funds"). Hudson Bay Capital Management LP (the "Investment Manager") serves as the investment manager of the Funds. As such, the Investment Manager may be deemed to have beneficial ownership of the securities held by the Funds. As the managing member of Hudson Bay Capital GP LLC, which is the general partner of Hudson Bay Capital Management LP, Mr. Sander Gerber may be deemed to have beneficial ownership of the securities held by the Funds. Each Reporting Person disclaims beneficial ownership of the securities held by the Funds, except to the extent of its or his pecuniary interest therein.