Slam Sponsor, LLC 4
4 · Slam Corp. · Filed Oct 13, 2023
Insider Transaction Report
Form 4
Slam Corp.SLAM
Slam Sponsor, LLC
10% Owner
Transactions
- Sale
Class B ordinary shares
2023-10-13$1.00/sh−5,000$5,000→ 14,216,000 total→ Class A ordinary shares (5,000 underlying)
Footnotes (2)
- [F1]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.
- [F2]On October 13, 2023, the Sponsor sold 5,000 Class B Shares to RX2LX3 Family LP for $5,000, or approximately $1.00 per share, in connection with Ryan Bright's appointment as Chief Financial Officer of the issuer.