CAT Sponsor LLC - 07 Feb 2023 Form 4 Insider Report for Catalyst Partners Acquisition Corp.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
09 Feb 2023, 20:03:24 UTC
Prior SEC filing
07 Jun 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
CAT Sponsor LLC, By: /s/ Christopher McCain, Chief Legal Officer

Key filing fact

CAT Sponsor LLC filed Form 4 for Catalyst Partners Acquisition Corp. on 09 Feb 2023.

Key facts

  • This page summarizes CAT Sponsor LLC's Form 4 filing for Catalyst Partners Acquisition Corp..
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 09 Feb 2023, 20:03.

Change

  • Previous filing in this sequence was filed on 07 Jun 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CPAR transaction Derivative

Class B Ordinary Shares

Other

Transaction value
Shares
-6,963,019
Change %
-100%
Price
Shares after
1
Date
07 Feb 2023
Ownership
Direct
Underlying class
Class A Ordinary Shares
Underlying amount
6,963,019
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

CAT Sponsor LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

On January 31, 2023, the Issuer announced that it will not consummate an initial business combination within the time period required. Pursuant to the Issuer's Amended and Restated Memorandum and Articles of Association (the "Articles") and in connection with the winding up of the Issuer, the Class B ordinary shares, par value $0.0001, held by the CAT Sponsor LLC (the "Sponsor") were surrendered for no compensation on February 7, 2023.

Footnote F2

This Form 4 is being filed by the Sponsor. The Class B ordinary shares are held in the name of the Sponsor. General Catalyst Group Alignment Fund I, L.P. ("Alignment Fund LP") has sole voting and/or dispositive control over the securities held by the Sponsor. The Alignment Fund LP is controlled by its general partner, General Catalyst Partners Alignment Fund I GP, L.P. ("Alignment Fund GP"), which is, in turn, controlled by its general partner, General Catalyst Alignment Fund I UGP, L.L.C. ("Alignment Fund UGP"). Each of Joel Cutler and David Fialkow is a member of Alignment Fund UGP, and shares voting and investment power over the securities held by Alignment Fund LP, Alignment Fund GP and Alignment Fund UGP.

Footnote F3

Accordingly, each of Alignment Fund LP, Alignment Fund UGP, Alignment Fund GP, Joel Cutler and David Fialkow may be deemed to share dispositive power over the securities held by the Sponsor, and thus, may be deemed to be the beneficial owners of these securities. Each of Alignment Fund LP, Alignment Fund UGP, Alignment Fund GP, Joel Cutler and David Fialkow disclaims beneficial ownership of any securities held by the Sponsor except to the extent of such reporting person's pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose

SEC remarks

After giving effect to the Issuer's delisting and deregistration, the Reporting Person will no longer be subject to Section 16 reporting obligations.

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