4/A//SEC Filing
Slam Sponsor, LLC 4/A
Accession 0000899243-22-011477
CIK 0001838162other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 7:49 PM ET
Size
6.9 KB
Accession
0000899243-22-011477
Insider Transaction Report
Form 4/AAmended
Slam Corp.SLAM
Slam Sponsor, LLC
10% Owner
Transactions
- Conversion
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)
Footnotes (2)
- [F1]This Amended Form 4 is being filed to correctly reflect the exempt exercise by Slam Sponsor, LLC (the "Sponsor"), of a right to acquire the reported securities, which transaction was inadvertently reported as a market purchase on the original Form 4 filed by the Sponsor on March 11, 2022. In this regard, the reported transaction represents the exempt exercise of an option to repurchase 30,000 Class B ordinary shares (the "Class B Shares") previously sold by the Sponsor to Jagdeep Singh pursuant to that certain Securities Assignment Agreement dated January 31, 2021, between the Sponsor, the Issuer and Jagdeep Singh, which provided the Sponsor with an option to repurchase the Class B Shares upon Jagdeep Singh's resignation from the Issuer's board of directors prior to vesting, at the original $60 purchase price (approximately $0.002 per share) paid by Jagdeep Singh.
- [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.
Documents
Issuer
Slam Corp.
CIK 0001838162
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001838096
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 7:49 PM ET
- Size
- 6.9 KB