Paul J. Evanson - Jun 29, 2021 Form 4 Insider Report for Zimmer Energy Transition Acquisition Corp. (ZTAQU)

Role: Director
Signature: _/s/ Paul J. Evanson_
Stock symbol: ZTAQU
Transactions as of: Jun 29, 2021
Transactions value $: $505,140
Form type: 4
Date filed: 7/1/2021, 04:30 PM
Previous filing: Jun 15, 2021
Next filing: Jun 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZTAQU	Class A Common Stock	Purchase	$505K	+50K		$10.10	50K	Jun 29, 2021	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.05 to $10.12, inclusive. The reporting person undertakes to provide to Zimmer Energy Transition Acquisition Corp. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2	The reporting person purchased 50,000 units at a weighted average price of $10.1028 per unit, with each unit consisting of one share of the Issuer's Class A Common Stock and one third of one warrant (a "Warrant"), with each whole Warrant entitling the holder thereof to purchase one share of the Issuer's Class A Common Stock at a price of $11.50 per share, subject to certain adjustments. The Warrants included in the units will become exercisable, if at all, on the later of 30 days after the completion of the Issuer's initial business combination and 12 months from the closing of the Issuer's initial public offering. The Warrants are not being reported on this Form 4 because they cannot be exercised until the satisfaction of material conditions outside the control of the reporting person.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.05 to $10.12, inclusive. The reporting person undertakes to provide to Zimmer Energy Transition Acquisition Corp. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

The reporting person purchased 50,000 units at a weighted average price of $10.1028 per unit, with each unit consisting of one share of the Issuer's Class A Common Stock and one third of one warrant (a "Warrant"), with each whole Warrant entitling the holder thereof to purchase one share of the Issuer's Class A Common Stock at a price of $11.50 per share, subject to certain adjustments. The Warrants included in the units will become exercisable, if at all, on the later of 30 days after the completion of the Issuer's initial business combination and 12 months from the closing of the Issuer's initial public offering. The Warrants are not being reported on this Form 4 because they cannot be exercised until the satisfaction of material conditions outside the control of the reporting person.