Statement of Changes in Beneficial Ownership (4)
May 03 2022 - 4:33PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Abrams Zachary F |
2. Issuer Name and Ticker or Trading Symbol
Stratim Cloud Acquisition Corp.
[
SCAQ
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Financial Officer |
(Last)
(First)
(Middle)
100 WEST LIBERTY STREET, SUITE 100 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
5/1/2022 |
(Street)
RENO, NV 89501
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Class B common stock | (1) | 5/1/2022 | | J (2) | | 12500 | | (1) | (1) | Class A common stock | 12500 | (2) | 5664500 | I | See Footnote (3) |
Class B common stock | (1) | 5/1/2022 | | J (4) | | | 25000 | (1) | (1) | Class A common stock | 25000 | (4) | 5639500 | I | See Footnote (3) |
Class B common stock | (1) | | | | | | | (1) | (1) | Class A common stock | 1437500 | | 1437500 | I | By Forge Trust Company CFBO Zachary Abrams IRA845772 (5) |
Explanation of Responses: |
(1) | As described in the issuer's registration statement on Form S-1 (File No. 333-253174) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001 per share, of the issuer will automatically convert 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 certain adjustment, and have no expiration date. |
(2) | On May 1, 2022, Laurence Katz, a former director of the issuer, forfeited 12,500 shares of the issuer's Class B common stock for no consideration to Stratim Cloud Acquisition, LLC (the "Sponsor"), pursuant to the terms of the Securities Assignment Agreement, dated August 27, 2020, between the Sponsor, Mr. Katz and the other parties thereto. |
(3) | The reporting owner, Zachary Abrams, is on the board of managers that manages the Sponsor. As such, Mr. Abrams may be deemed to beneficially own shares held by the Sponsor by virtue of his shared control over the Sponsor. Mr. Abrams disclaims beneficial ownership of the shares held by the Sponsor, except to the extent of such person's pecuniary interest therein. |
(4) | On May 1, 2022, the Sponsor assigned 25,000 shares of the issuer's Class B common stock to John Wagner, a director of the issuer, for an aggregate consideration of $86.96. |
(5) | Shares held by Forge Trust Company CFBO Zachary Abrams IRA845772, of which the reporting person is the beneficiary. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Abrams Zachary F 100 WEST LIBERTY STREET, SUITE 100 RENO, NV 89501 | X | X | Chief Financial Officer |
|
Signatures
|
Zachary Abrams, By: /s/ Sreekanth Ravi, as attorney-in-fact | | 5/3/2022 |
**Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
Stratim Cloud Acquisition (NASDAQ:SCAQ)
Historical Stock Chart
From Apr 2024 to May 2024
Stratim Cloud Acquisition (NASDAQ:SCAQ)
Historical Stock Chart
From May 2023 to May 2024