Sec Form 3 Filing - Le Thong Q. @ ALSP Orchid Acquisition Corp I - 2021-11-18

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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
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1. Name and Address of Reporting Person
Le Thong Q.
2. Issuer Name and Ticker or Trading Symbol
ALSP Orchid Acquisition Corp I [ ALOR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
C/O ALSP ORCHID ACQUISITION CORP I, 2815 EASTLAKE AVENUE EAST, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
11/18/2021
(Street)
SEATTLE, WA98102
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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 $ 0 ( 1 ) ( 1 ) Class A Ordinary Shares 4,312,500( 2 ) I By ALSP Orchid Sponsor LLC( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Le Thong Q.
C/O ALSP ORCHID ACQUISITION CORP I
2815 EASTLAKE AVENUE EAST, SUITE 300
SEATTLE, WA98102
X X Chief Executive Officer
Signatures
/s/ Brian Woodard, Attorney-in-Fact 11/18/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Class B Ordinary Shares have no expiration date and are convertible into Class A Ordinary Shares of the Issuer. The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares of the Issuer on a 1-to-1 basis upon closing of the initial business combination of the Issuer.
( 2 )The Class B Ordinary Shares beneficially owned by the Reporting Person includes up to 562,500 Class B Ordinary Shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the Issuer's securities do not exercise in full their over-allotment option as described in the Issuer's registration statement.
( 3 )The securities reported herein are held of record by ALSP Orchid Sponsor LLC. The Reporting Person is one of two managers of ALSP Orchid Sponsor LLC, and as such, has voting and investment discretion with respect to the securities held by ALSP Orchid Sponsor LLC. The Reporting Person disclaims beneficial ownership over such shares except to the extent of his pecuniary interest therein.

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).

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