XP Inc. - 03 Aug 2021 Form 4 Insider Report for XPAC Acquisition Corp. (ZLS)

Role: 10%+ Owner
Signature: /s/ Fabricio Cunha de Almeida, as General Counsel and Director
Issuer symbol: ZLS
Transactions as of: 03 Aug 2021
Transactions value $: $0
Form type: 4
Filing time: 05 Aug 2021, 11:23:25 UTC
Next filing: 27 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Shares	Shares After	Date	Ownership	Footnotes
transaction	ZLS	Class A ordinary shares	Purchase	+1,222,500	1,222,500	03 Aug 2021	By Trend XPAC Fundo de Acoes Investimento no Exterior	F1
transaction	ZLS	Class A ordinary shares	Purchase	+500,000	500,000	03 Aug 2021	By Brazil International Fund SPC - LB International Fund CS	F1
transaction	ZLS	Class A ordinary shares	Purchase	+461,100	461,100	03 Aug 2021	By XP Long Term Equity Master FIA	F1
transaction	ZLS	Class A ordinary shares	Purchase	+38,900	38,900	03 Aug 2021	By XP Long Term FIM IE	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects units purchased at a purchase price of $10.00 per unit in connection with the Issuer's initial public offering. Each unit consists of one Class A ordinary share of the Issuer ("Class A Ordinary Share") and one-third of a warrant. Each whole warrant entitles the holder to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to adjustment. The warrants will become exercisable, if at all, on the later of 30 days after the completion of an initial business combination and 12 months from the closing of the Issuer's initial public offering, subject to the certain conditions, and will expire five years after the completion of such initial business combination or earlier upon redemption or liquidation.

Content

Reflects units purchased at a purchase price of $10.00 per unit in connection with the Issuer's initial public offering. Each unit consists of one Class A ordinary share of the Issuer ("Class A Ordinary Share") and one-third of a warrant. Each whole warrant entitles the holder to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to adjustment. The warrants will become exercisable, if at all, on the later of 30 days after the completion of an initial business combination and 12 months from the closing of the Issuer's initial public offering, subject to the certain conditions, and will expire five years after the completion of such initial business combination or earlier upon redemption or liquidation.