Paul Michael Davis - Aug 8, 2023 Form 4 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: 4
Date filed: 11/3/2023, 04:05 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
transaction	ZLS	Class B Ordinary Shares	Award	$0	-80K	-1.82%	$0.00	4.32M	Aug 8, 2023	Class A Ordinary Shares	80K		See footnote	F1, F2
transaction	ZLS	Class B Ordinary Shares	Award	$0	+20K		$0.00	20K	Aug 8, 2023	Class A Ordinary Shares	20K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	The Class B ordinary shares have no expiration date and will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment as set forth in the issuer's registration statement on Form S-1 (File No. 333-253967).
F2	These shares represent 4,320,283 shares of Class B common stock of the issuer held by J. Streicher Holdings, LLC (the "Sponsor") that remain with the Sponsor following its transfer of 20,000 Founder Shares to each of Paul Michael Davis, Llewellyn Farquharson, Adeel Rouf and Pantelis Dimitriou for an aggregate of 80,000 Founder Shares transferred to officers. The Reporting Person may be deemed to have beneficial ownership of such shares of the remaining 4,320,283 shares of Class B common stock given his participation in the Sponsor itself. 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

The Class B ordinary shares have no expiration date and will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment as set forth in the issuer's registration statement on Form S-1 (File No. 333-253967).

These shares represent 4,320,283 shares of Class B common stock of the issuer held by J. Streicher Holdings, LLC (the "Sponsor") that remain with the Sponsor following its transfer of 20,000 Founder Shares to each of Paul Michael Davis, Llewellyn Farquharson, Adeel Rouf and Pantelis Dimitriou for an aggregate of 80,000 Founder Shares transferred to officers. The Reporting Person may be deemed to have beneficial ownership of such shares of the remaining 4,320,283 shares of Class B common stock given his participation in the Sponsor itself. 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.