Shah S. Sunny - May 9, 2023 Form 4 Insider Report for RCF Acquisition Corp. (RCFA)

Role
Chief Executive Officer, Director
Signature
By: /s/ Jordan Leon, Attorney-in-Fact
Stock symbol
RCFA
Transactions as of
May 9, 2023
Transactions value $
$0
Form type
4
Date filed
5/10/2023, 06:20 PM
Previous filing
Nov 9, 2021
Next filing
Nov 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCFA Class A Ordinary Shares Conversion of derivative security +173K 173K May 9, 2023 By S&R Capital Ltd. F1, F2

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 RCFA Class B Ordinary Shares Conversion of derivative security $0 -173K -100% $0.00* 0 May 9, 2023 Class A Ordinary Shares 173K By S&R Capital Ltd. F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In accordance with the amended and restated memorandum and articles of association of RCF Acquisition Corp. ("RCFA"), S&R Capital Ltd. elected to convert their Class B ordinary shares of RCFA, par value $0.0001 per share (the "Class B Ordinary Shares") into Class A ordinary shares of RCFA, par value $0.0001 per share (the "Class A Ordinary Shares") on a one-for-one basis for no consideration.
F2 S&R Capital Ltd. is the record holder of the securities reported herein. Sunny S. Shah is a director of S&R Capital Ltd. and has voting and investment discretion with respect to the securities held of record by S&R Capital Ltd.
F3 The Class B Ordinary Shares were (i) convertible into Class A Ordinary Shares at S&R Capital Ltd. election on a one-for-one basis and (ii) automatically convertible into Class A Ordinary Shares at the time of the closing of RCFA's initial business combination on a one-for-one basis, in each case subject to adjustment pursuant to certain anti-dilution rights, and had no expiration date.