Brian John - 15 Feb 2022 Form 4 Insider Report for Jupiter Wellness Acquisition Corp. (JWAC)

Signature
/s/ Brian John
Issuer symbol
JWAC
Transactions as of
15 Feb 2022
Transactions value $
$0
Form type
4
Date filed
17 Mar 2022, 16:58
Previous filing
13 Dec 2021
Next filing
27 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JWAC Class A Common Stock Other -96.3K -19.54% 397K 15 Feb 2022 see footnote F1, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JWAC Class B Common Stock Other -581K -16.83% 2.87M 15 Feb 2022 Class A Common Stock see footnote F2, F4, F5
transaction JWAC Rights Other -96.3K -19.54% 397K 15 Feb 2022 Class A common stock see footnote F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A common stock transferred to a member of Jupiter Wellness Sponsor LLC (the "Sponsor") pursuant to the Limited Liability Company Agreement of the Sponsor.
F2 Represents shares of Class B common stock transferred to a member of the Sponsor pursuant to the Limited Liability Company Agreement of the Sponsor. The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, or at any time prior thereto at the option of the holder, on a one-for-one basis, subject to certain anti-dilution adjustments.
F3 Represents rights transferred to a member of the Sponsor pursuant to the Limited Liability Company Agreement of the Sponsor entitling the holder to one-eighth of a share of Class A common stock upon consummation of the Issuer's initial business combination without the payment of additional consideration
F4 There is no expiration date.
F5 Brian S. John, the Chief Executive Officer of the Issuer, is the sole manager of the Sponsor. Mr. John has sole voting and dispositive power over the shares held by the Sponsor and may be deemed the beneficial owner of such shares. Mr. John disclaims any such beneficial ownership except to the extent of his pecuniary interest.