Stuart J. Zimmer - Jun 15, 2021 Form 3 Insider Report for Zimmer Energy Transition Acquisition Corp. (ZTAQU)

Role
Chief Executive Officer, Director
Signature
Stuart J. Zimmer, /s/ Stuart J. Zimmer
Stock symbol
ZTAQU
Transactions as of
Jun 15, 2021
Transactions value $
$0
Form type
3
Date filed
6/15/2021, 08:25 PM
Previous filing
Jun 22, 2021
Next filing
Jun 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ZTAQU Class B Common Stock 8.51M Jun 15, 2021 By ZETA Sponsor LLC F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class B Common Stock of Zimmer Energy Transition Acquisition Corp. (the "Issuer") will automatically convert into shares of the Issuer's Class A Common Stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment, and have no expiration date.
F2 The shares of Class B Common Stock held by ZETA Sponsor LLC include up to 1,125,000 shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the Issuer's securities do not exercise in full their over-allotment option as described in the Issuer's registration statement.
F3 ZETA Sponsor LLC directly holds the shares reported herein. ZP Master Utility Fund, Ltd. ("Master Utility") may be deemed to exercise voting and investment power over and have beneficial ownership of the securities held by ZETA Sponsor LLC as the sole member of ZETA Sponsor LLC. Zimmer Partners, LP is the investment manager of Master Utility. Zimmer Partners GP, LLC ("Zimmer GP") is the general partner of Zimmer Partners, LP, and Sequentis Financial LLC ("Sequentis") is the sole member of Zimmer GP. Stuart J. Zimmer, and a trust for his benefit, are the sole members of Sequentis.
F4 (continued from Footnote 3) Each of Zimmer Partners, LP, Zimmer GP, Sequentis and Stuart J. Zimmer may be deemed to exercise voting and investment power over and have beneficial ownership of the securities held by ZETA Sponsor LLC due to their relationship with Master Utility. Each of Master Utility, Zimmer Partners, LP, Zimmer GP, Sequentis and Stuart J. Zimmer disclaims beneficial ownership of the securities of the Issuer held directly by ZETA Sponsor LLC except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any of the Master Utility, Zimmer Partners, LP, Zimmer GP, Sequentis or Stuart J. Zimmer is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

Remarks:

Stuart J. Zimmer serves as Chairman of the Board of Directors of Zimmer Energy Transition Acquisition Corp. (the "Issuer"). By virtue of their representation on the Issuer's Board of Directors, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons other than Mr. Zimmer are deemed to be directors by deputization of the Issuer. See Exhibit 24.1 - Power of Attorney See Exhibit 99.1 - Joint Filer Information