Adam Fisher - Oct 13, 2021 Form 4 Insider Report for Learn CW Investment Corp (LCW)

Signature
/s/ Christopher Mendez, Attorney-in-Fact for Adam Fisher
Stock symbol
LCW
Transactions as of
Oct 13, 2021
Transactions value $
$7,700,000
Form type
4
Date filed
10/15/2021, 04:10 PM
Previous filing
Oct 7, 2021
Next filing
Oct 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCW Class A Ordinary Shares Purchase $7.7M +770K $10.00 770K Oct 13, 2021 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Class A ordinary shares underlie units of the Issuer that CWAM LC Sponsor LLC purchased in the Issuer's initial public offering. Each unit also includes one half of one redeemable warrant. CWAM LC Sponsor LLC also purchased 7,146,000 warrants in a private placement that occurred concurrently with closing of the Issuer's initial public offering. Each whole warrant entitles its holder to purchase one Class A ordinary share at $11.50 per share but is not exercisable prior to the completion of the Issuer's initial business combination.
F2 These Class A ordinary shares are held directly by CWAM LC Sponsor LLC. CWAM LC Sponsor LLC is owned by three members, one of which is ABF Manager LLC. Adam Fisher is the sole member of ABF Manager LLC. Accordingly, Adam Fisher may be deemed to beneficially own the Class A 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.