James N. Hauslein - 20 Apr 2023 Form 4 Insider Report for Jupiter Acquisition Corp

Reporting relationship: Chairman, President and CEO, Director, 10%+ Owner
Issuer ticker: N/A
Reported as of: 20 Apr 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 24 Apr 2023, 18:16:25 UTC
Prior SEC filing: 26 Aug 2021
Source filing: View source filing
Reporting owner signature: /s/ Alan I. Annex, Attorney-in-Fact

Key filing fact

James N. Hauslein filed Form 4 for Jupiter Acquisition Corp on 24 Apr 2023.

Key facts

This page summarizes James N. Hauslein's Form 4 filing for Jupiter Acquisition Corp.
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 24 Apr 2023, 18:16.

Change

Previous filing in this sequence was filed on 26 Aug 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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

JAQC transaction

Class A common stock

Conversion of derivative security

Transaction value
Shares: +2,778,841
Change %: +642%
Price
Shares after: 3,211,416
Date: 20 Apr 2023
Ownership: See footnote
Footnotes: F1, F2, F3

JAQC transaction

Class A common stock

Conversion of derivative security

Transaction value
Shares: +900,000
Change %
Price
Shares after: 900,000
Date: 20 Apr 2023
Ownership: See footnote
Footnotes: F1, F4

Reported derivative securities

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

JAQC transaction Derivative

Class B common stock

Conversion of derivative security

Transaction value
Shares: -2,778,841
Change %: -100%
Price
Shares after: 0
Date: 20 Apr 2023
Ownership: See footnote
Underlying class: Class A common stock
Underlying amount: 2,778,841
Exercise price
Footnotes: F1, F3

JAQC transaction Derivative

Class B common stock

Conversion of derivative security

Transaction value
Shares: -900,000
Change %: -100%
Price
Shares after: 0
Date: 20 Apr 2023
Ownership: See footnote
Underlying class: Class A common stock
Underlying amount: 900,000
Exercise price
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-248411) and have no expiration date. On April 20, 2023, Jupiter Founders LLC (the "Sponsor") exercised its right to convert 2,778,841 shares of Class B common stock held directly into 2,778,841 shares of Class A common stock on a one-for-one basis and 900,000 shares of Class B common stock held indirectly into 900,000 shares of Class A common stock on a one-for-one basis.

Footnote F2

Includes 432,575 Shares of Class A common stock included in the Private Placement Units held directly by the Sponsor.

Footnote F3

The securities are held directly by the Sponsor and indirectly by James N. Hauslein as the manager of the Sponsor. Certain of the Issuer's other directors and officers hold economic interests in the Sponsor and pecuniary interests in certain of the securities held by the Sponsor. Each of Mr. Hauslein and such other directors and officers disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Footnote F4

The shares are held directly by Jupiter Founders Subsidiary LLC (the "Sponsor Subsidiary") and indirectly by each of the Sponsor, as the managing member of the Sponsor Subsidiary, and Mr. Hauslein, as the manager of the Sponsor. Each of the Sponsor and Mr. Hauslein disclaims beneficial ownership of such securities except to the extent of their pecuniary interest therein.