Stratos Management Systems Holdings Llc - Oct 28, 2021 Form 4 Insider Report for American Virtual Cloud Technologies, Inc. (AVCT)

Role: 10%+ Owner
Signature: Stratos Management Systems Holdings LLC By: /s/ Lawrence E. Mock, Chief Executive Officer and President
Stock symbol: AVCT
Transactions as of: Oct 28, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/1/2021, 06:36 PM
Previous filing: Sep 14, 2021
Next filing: Nov 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVCT	Common Stock	Other		-6.69M	-39.4%		10.3M	Oct 28, 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On October 28, 2021, Stratos Management Systems Holdings, LLC ("Holdings") distributed 6,687,637 shares of the Issuer's common stock, par value $0.001 per share to certain of its members. John S. Richardson ("Mr. Richardson") is a manager of NCP General Partner II, LLC, a Delaware limited liability company ("NCP GP"), which is the general partner of Navigation Capital Partners II, L.P., a Delaware limited partnership ("Navigation Capital" and, together with Holdings, Mr. Richardson and NCP GP, the "Reporting Persons"), which controls Holdings. As a result, the other Reporting Persons may be deemed to indirectly beneficially own the securities directly held by Holdings. The Reporting Persons, with the exception of Holdings, each disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.

Content

On October 28, 2021, Stratos Management Systems Holdings, LLC ("Holdings") distributed 6,687,637 shares of the Issuer's common stock, par value $0.001 per share to certain of its members. John S. Richardson ("Mr. Richardson") is a manager of NCP General Partner II, LLC, a Delaware limited liability company ("NCP GP"), which is the general partner of Navigation Capital Partners II, L.P., a Delaware limited partnership ("Navigation Capital" and, together with Holdings, Mr. Richardson and NCP GP, the "Reporting Persons"), which controls Holdings. As a result, the other Reporting Persons may be deemed to indirectly beneficially own the securities directly held by Holdings. The Reporting Persons, with the exception of Holdings, each disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.