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ALUTTO CHARLES A 4

Accession 0000899243-21-036775

CIK 0001844135other

Filed

Sep 20, 8:00 PM ET

Accepted

Sep 21, 4:17 PM ET

Size

6.8 KB

Accession

0000899243-21-036775

Insider Transaction Report

Form 4
Period: 2021-09-17
ALUTTO CHARLES A
Chief Executive Officer
Transactions
  • Sale

    Class B common stock, par value $0.0001 per share

    2021-09-17$0.00/sh1,875,000$5,6256,750,000 total(indirect: See footnote)
    Class A common stock, par value $0.0001 per share (1,875,000 underlying)
Footnotes (3)
  • [F1]As described in the Issuer's registration statement on Form S-1 (File No. 333-253479) under the heading "Description of Securities - Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein.
  • [F2]Sierra Lake Sponsor LLC, a Delaware limited liability company (the "Sponsor"), is the record holder of such shares of Class B common stock. Mr. Alutto is the managing member of the Sponsor.
  • [F3]Mr. Alutto has voting and investment discretion with respect to the Class B common stock held of record by the Sponsor and may be deemed to have beneficial ownership of the Class B common stock held directly by the Sponsor. Mr. Alutto disclaims any beneficial ownership of the reported shares of Class B common stock other than to the extent of any pecuniary interest he may have therein, directly or indirectly. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial owner of any securities reported herein.

Issuer

Sierra Lake Acquisition Corp.

CIK 0001844135

Entity typeother

Related Parties

1
  • filerCIK 0001507597

Filing Metadata

Form type
4
Filed
Sep 20, 8:00 PM ET
Accepted
Sep 21, 4:17 PM ET
Size
6.8 KB