Robert J. Hutter - Oct 13, 2021 Form 4 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 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: May 11, 2022

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, 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 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.

Content

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.

These Class A 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 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.