Barry James Anderson - May 6, 2021 Form 3 Insider Report for Data Knights Acquisition Corp. (DKDCW)

Role
Chief Executive Officer, Director
Signature
/s/ Barry James Anderson
Stock symbol
DKDCW
Transactions as of
May 6, 2021
Transactions value $
$0
Form type
3
Date filed
5/13/2021, 05:35 PM

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 DKDCW Class B Common Stock May 6, 2021 Class A Common Stock 15K Direct F1
holding DKDCW Class B Common Stock May 6, 2021 Class A Common Stock 2.88M See Footnote 3. F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class B common stock have no expiration date and will automatically convert into shares of Class A common stock 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. 333-254029).
F2 Includes up to 375,000 shares subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised, if at all.
F3 The securities are held directly by Data Knights, LLC, the sponsor of the issuer (the "Sponsor"). The reporting person is a manager of the Sponsor and may be deemed to beneficially own shares held by the Sponsor by virtue of his control over the Sponsor. The reporting person disclaims beneficial ownership of the shares of the issuer's Class B common stock held by the Sponsor, except to the extent of his pecuniary interest.