Form 4: Zapata Computing Director Gerald Putnam Reports Share Conversion

Sentiment:

SEC Form 4 Filing


Director Gerald Putnam reports the conversion of Class B Ordinary Shares to Common Stock following the closing of the business combination agreement.

Summary

  • On March 28, 2024, Gerald D Putnam, a director of Zapata Computing Holdings Inc., reported a transaction involving the conversion of Class B Ordinary Shares into Common Stock.
  • The transaction involved 25,000 Class B Ordinary Shares converting into 25,000 shares of Common Stock.
  • This conversion occurred automatically upon the closing of the business combination agreement dated September 6, 2023.
  • The Class B Ordinary Shares converted on a one-for-one basis into Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a share conversion, which is neutral in sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The conversion of shares may have a minor impact on the overall share structure of the company.

Key Dates

DateDescription
2023-09-06Date of the Business Combination Agreement
2024-03-28Date of the share conversion transaction
2024-04-01Date of signature on the Form 4 filing

Keywords

Zapata Computing, Form 4, Share Conversion, Gerald Putnam, Director, ZPTA, Common Stock, Class B Ordinary Shares, Business Combination Agreement

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