Sec Form 4 Filing - Global Technology Acquisition I Sponsor LP @ Global Technology Acquisition Corp. I - 2024-04-19

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Global Technology Acquisition I Sponsor LP
2. Issuer Name and Ticker or Trading Symbol
Global Technology Acquisition Corp. I [ GTAC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O SERVICES CAYMAN LIMITED, P.O. BOX, 10008, WILLOW HOUSE, CRICKET SQUARE
3. Date of Earliest Transaction (MM/DD/YY)
04/19/2024
(Street)
GRAND CAYMAN, E9
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Ordinary Shares ( 1 ) 04/19/2024 S 3,500,000 ( 1 ) ( 1 ) Class A Ordinary Shares 3,500,000 ( 2 ) 80,000 D ( 3 )
Class B Ordinary Shares ( 1 ) 04/19/2024 J( 4 ) 84,000 ( 1 ) ( 1 ) Class A Ordinary Shares 84,000 ( 4 ) 164,000 D ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Global Technology Acquisition I Sponsor LP
C/O SERVICES CAYMAN LIMITED, P.O. BOX
10008, WILLOW HOUSE, CRICKET SQUARE
GRAND CAYMAN, E9
X
Global Technology Acquisition I Sponsor GP Ltd
C/O SERVICES CAYMAN LIMITED, P.O. BOX
10008, WILLOW HOUSE, CRICKET SQUARE
GRAND CAYMAN, E9
X
Signatures
Global Technology Acquisition I Sponsor LP, By: Global Technology Acquisition I Sponsor GP Ltd, its general partner, By: /s/ Arnau Porto Dolc, Director 04/23/2024
Signature of Reporting Person Date
Global Technology Acquisition I Sponsor GP Ltd, By: /s/ Arnau Porto Dolc, Director 04/23/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Class B Ordinary Shares are convertible into Class A Ordinary Shares on a one-for-one basis (i) at the Reporting Person's election and (ii) automatically at the time of the closing of the Issuer's initial business combination (the "Business Combination"), in each case subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date.
( 2 )Pursuant to a Securities Purchase Agreement (the "Agreement"), Global Technology Acquisition I Sponsor LP ("Sponsor") sold 3,500,000 Class B Ordinary Shares to HCG Opportunity II, LLC ("Purchaser") for (1) a payment of $250,000 and (2) 30% of the securities issued upon the conversion of promissory notes, each in connection with the Business Combination, pursuant to the terms of the Agreement.
( 3 )Sponsor is the record holder of the shares reported herein. The general partner of Sponsor is Global Technology Acquisition I Sponsor GP Ltd ("GP"), and GP has voting and investment discretion with respect to the ordinary shares held of record by Sponsor. GP is governed by a board of directors consisting of Arnau Porto, Fabrice Grinda, and Jeffrey Weinstein (the "Directors") and the approval of a majority of the Directors is required to approve any action. Each of the Directors disclaims beneficial ownership of the securities held of record by Sponsor.
( 4 )Pursaunt to certain Transfer Agreements enterted into by Sponsor with each of Gabriel Silva, Robert Perdue and Juan Villalonga (the "Transferors"), each of the Transferors assigned and transferred 28,000 Class B Ordinary Shares to Sponsor for no consideration.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.