TKB Sponsor I, LLC - Jun 28, 2023 Form 4 Insider Report for TKB Critical Technologies 1 (USCT)

Role
Officer, Director, 10%+ Owner
Signature
TKB Sponsor I, LLC By: /s/ Angela Blatteis, Manager
Stock symbol
USCT
Transactions as of
Jun 28, 2023
Transactions value $
$0
Form type
4
Date filed
6/30/2023, 05:46 PM
Previous filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USCT Class A Ordinary Shares Other -4.21M -74.56% 1.44M Jun 28, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 25, 2023, the TKB Sponsor I LLC ("Sponsor") entered into a Securities Transfer Agreement with certain third party buyers named therein ("Buyers"), the Issuer, and each other independent director of the Issuer, pursuant to which on June 28, 2023, the Sponsor sold the shares reported herein to Buyers for an aggregate purchase price, together with the purchase price for shares sold to Buyers by each independent director of the Issuer, of $1.00.
F2 The Sponsor is the record holder of the shares reported herein. Each of Angela Blatteis, Greg Klein and Philippe Tartavull own interests in the Sponsor and are managers of the Sponsor, and may be deemed to share beneficial ownership of such shares. Each of Ms. Blatteis, Mr. Klein and Mr. Tartavull disclaims beneficial ownership of such shares except to the extent of his or her pecuniary interest therein.

Remarks:

In connection with consummation of the transactions contemplated by the Securities Transfer Agreement, on June 25, 2023, Philippe Tartavull resigned from his role as Executive Chairman of the Issuer, Greg Klein resigned from his role as Co-Chief Executive Officer and as a director of the Issuer, and Angela Blatteis resigned from her role as co-Chief Executive Officer and Chief Financial Officer and as a director of the Issuer. See Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the Reporting Persons to the Issuer.