Thomas Stapp - Jan 26, 2023 Form 4 Insider Report for Constellation Acquisition Corp I (CSTA)

Signature
/s/ Thomas Stapp
Stock symbol
CSTA
Transactions as of
Jan 26, 2023
Transactions value $
$0
Form type
4
Date filed
1/30/2023, 08:12 PM

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 CSTA Private Placement Warrant Sale -204K -100% 0 Jan 26, 2023 Class A Ordinary Shares 204K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Thomas Stapp is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to that certain Private Placement Warrants Purchase Agreement, dated January 26, 2021, by and between the Issuer and the undersigned parties thereto, the Reporting Person previously acquired from the Issuer 204,198 warrants of the Issuer (each, a "Private Placement Warrant") for an aggregate purchase price of $306,297, as described in the Issuer's Registration Statement on Form S-1 (File No. 333-251974) filed with the Securities and Exchange Commission on January 22, 2021 (the "Registration Statement"). On January 26, 2023, the Reporting Person transferred the 204,198 Private Placement Warrants to Constellation Sponsor LP, an affiliate of the Issuer.
F2 Each Private Placement Warrant is exercisable to purchase one Class A ordinary share of the Issuer ("Class A Share") at an exercise price of $11.50 per share. As described in the Registration Statement, the Private Placement Warrants are identical to the warrants sold in connection with the Issuer's initial public offering ("IPO"), except that the Private Placement Warrants, (i) will not be redeemable by the Issuer, except as described in the Registration Statement, (ii) may not (including the Class A Shares issuable upon exercise of such warrants), subject to certain limited exceptions, be transferred, assigned or sold by until 30 days after the completion of the Issuer's initial business combination, (iii) may be exercised by the holders on a cashless basis and (iv) will be entitled to registration rights.