Robert J. Hutter - Oct 7, 2021 Form 3 Insider Report for Learn CW Investment Corp (LCW)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Vanessa Rutstein, Attorney-in-Fact for Robert Hutter
Stock symbol
LCW
Transactions as of
Oct 7, 2021
Transactions value $
$0
Form type
3
Date filed
10/7/2021, 08:01 PM
Previous filing
Sep 23, 2021
Next filing
Oct 15, 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 LCW Class B Ordinary Shares Oct 7, 2021 Class A Ordinary Shares 5.63M See footnote F1, F2, F3
* 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 will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of our initial business combination on a one-for-one basis, subject to adjustment, and have no expiration date.
F2 Includes up to 750,000 shares that are subject to forfeiture, for no consideration, after the closing of the issuer's initial public offering depending on the extent to which the underwriter's option to purchase additional units is exercised.
F3 These Class B ordinary shares are held directly by CWAM LC Sponsor LLC. CWAM LC Sponsor LLC is owned by three members, the largest of which, Learn Capital, LLC, holds a 50% interest. Robert Hutter is the sole member of Learn Capital, LLC. Accordingly, Robert Hutter may be deemed to beneficially own the Class B ordinary shares held directly by CWAM LC Sponsor LLC, but disclaims beneficial ownership of such shares except to the extent, if any, of his pecuniary interest therein.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney