Paul Michael Davis - Aug 8, 2023 Form 3 Insider Report for Zalatoris II Acquisition Corp (ZLS)

Role: Chief Executive Officer, Director
Signature: /s/ Paul Michael Davis, by Nelson Mullins Riley & Scarborough LLP with Power of Attorney
Stock symbol: ZLS
Transactions as of: Aug 8, 2023
Transactions value $: $0
Form type: 3
Date filed: 11/3/2023, 03:44 PM
Previous filing: Oct 23, 2023

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	ZLS	Class B Common Stock							Aug 8, 2023	Class A Common Stock	4.4M		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 issuer's registration statement on Form S-1 (File No. 333-256097) under the heading "Description of Securities-Founder Shares", the Class B common stock, par value $0.0001, will automatically convert into Class A common stock, par value $0.0001, of the issuer at the time of the issuer's initial business combination transaction on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2	These shares represent 4,400,283 shares of Class B common stock of the issuer held by J. Streicher Holdings, LLC (the "Sponsor"). As such, the Reporting Person may be deemed to have beneficial ownership of such shares. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Content

As described in the issuer's registration statement on Form S-1 (File No. 333-256097) under the heading "Description of Securities-Founder Shares", the Class B common stock, par value $0.0001, will automatically convert into Class A common stock, par value $0.0001, of the issuer at the time of the issuer's initial business combination transaction on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

These shares represent 4,400,283 shares of Class B common stock of the issuer held by J. Streicher Holdings, LLC (the "Sponsor"). As such, the Reporting Person may be deemed to have beneficial ownership of such shares. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.