4//SEC Filing
Slam Sponsor, LLC 4
Accession 0000899243-23-004052
CIK 0001838162other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 4:45 PM ET
Size
9.6 KB
Accession
0000899243-23-004052
Insider Transaction Report
Form 4
Slam Corp.SLAM
Slam Sponsor, LLC
10% Owner
Transactions
- Sale
Class B ordinary shares
2023-02-02$1.00/sh−10,000$10,000→ 14,226,000 total→ Class A ordinary shares (10,000 underlying) - Conversion
Class B ordinary shares
2023-02-02$0.00/sh+21,000$42→ 14,236,000 total→ Class A ordinary shares (21,000 underlying)
Footnotes (5)
- [F1]The reported transaction represents the exempt exercise of an option to repurchase 21,000 Class B ordinary shares, par value $0.0001 (the "Class B Shares") previously sold by Slam Sponsor, LLC (the "Sponsor") to Barbara Byrne pursuant to that certain Securities Assignment Agreement dated January 31, 2021, among the Sponsor, the issuer and Barbara Byrne, which provided the Sponsor with an option to repurchase the Class B Shares upon Barbara Byrne's resignation from the Issuer's board of directors prior to vesting, at the original purchase price (approximately $0.002 per share) paid by Barbara Byrne.
- [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 Shares 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]The reported securities corrects an overstatement of 11,333,333 Class B Shares reported in a prior Form 4 filed by the Sponsor on March 11, 2022, and amended on March 17, 2022, which filings inadvertently included as Class B Shares, the 11,333,333 private placement warrants owned by the Sponsor.
- [F4]Represents 10,000 Class B Shares sold by the Sponsor.
- [F5]On February 2, 2023, the Sponsor sold 10,000 Class B Shares to Alex Zyngier for $10,000, or approximately $1.00 per share, in connection with Mr. Zyngier's appointment to the board of directors of the issuer.
Documents
Issuer
Slam Corp.
CIK 0001838162
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001838096
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 4:45 PM ET
- Size
- 9.6 KB