SMITH RICHARD A 4
4 · TZP Strategies Acquisition Corp. · Filed Jan 27, 2023
Insider Transaction Report
Form 4
SMITH RICHARD A
Director
Transactions
- Disposition to Issuer
Class B Ordinary Shares
2023-01-25−25,000→ 0 total→ Class A Ordinary Shares (25,000 underlying)
Footnotes (2)
- [F1]As described in the Issuer's registration statement on Form S-1 (File No. 333-251773) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001 per share (the "Class B Ordinary Shares"), would have automatically converted into Class A ordinary shares, par value $0.0001 per share, of the Issuer 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 for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F2]This Form 4 reflects the surrender to the Issuer of 25,000 Class B Ordinary Shares for no consideration by the Reporting Person pursuant to the Share Surrender Letter, dated January 25, 2023, by and between the Issuer and the Reporting Person.