Slam Sponsor, LLC 4
4 · Slam Corp. · Filed Mar 11, 2022
Insider Transaction Report
Form 4
Slam Corp.SLAM
Slam Sponsor, LLC
10% Owner
Transactions
- Purchase
Class B ordinary shares
2022-03-11$60.00/sh+30,000$1,800,000→ 25,558,333 total→ Class A ordinary shares (30,000 underlying) - Sale
Class B ordinary shares
2022-03-11$10000.00/sh−10,000$100,000,000→ 25,548,333 total→ Class A ordinary shares (10,000 underlying)
Footnotes (5)
- [F1]Represents 30,000 Class B ordinary shares purchased by Slam Sponsor, LLC (the "Sponsor").
- [F2]As described in the issuer's registration statement on Form S-1 (File No. 333-252727) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001, will automatically convert into Class A ordinary shares, par value $0.0001, of the issuer at the time of the issuer's initial business combination transaction on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F3]On March 11, 2022, the Sponsor purchased 30,000 Class B ordinary shares of the issuer from Jagdeep Singh for $60, or approximately $0.002 per share, in connection with Mr. Singh's resignation from the board of directors of the issuer.
- [F4]Represents 10,000 Class B ordinary shares sold by the Sponsor.
- [F5]On March 11, 2022, the Sponsor sold 10,000 Class B ordinary shares to Ann Berry for $10,000, or approximately $1.00 per share, in connection with Ms. Berry's appointment to the board of directors of the issuer.