Sec Form 3 Filing - Aspirational Consumer Lifestyle Sponsor LLC @ Aspirational Consumer Lifestyle Corp. - 2020-09-22

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
Aspirational Consumer Lifestyle Sponsor LLC
2. Issuer Name and Ticker or Trading Symbol
Aspirational Consumer Lifestyle Corp. [ ASPL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1 KIM SENG PROMENADE,, #18-07/12 GREAT WORLD CITY
3. Date of Earliest Transaction (MM/DD/YY)
09/22/2020
(Street)
SINGAPORE, U0237994
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 ) ( 1 ) ( 1 ) Class A ordinary shares 6,393,750 D ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Aspirational Consumer Lifestyle Sponsor LLC
1 KIM SENG PROMENADE,
#18-07/12 GREAT WORLD CITY
SINGAPORE, U0237994
X X
Dalvey Partners (BVI) Ltd
1 KIM SENG PROMENADE,
#18-07/12 GREAT WORLD CITY
SINGAPORE, U0237994
X
Liber Pater, LLC
C/O L CATTERTON
599 WEST PUTNAM AVENUE
GREENWICH, CT06830
X
Thakran Ravi
C/O L CATTERTON
599 WEST PUTNAM AVENUE
GREENWICH, CT06830
X X CEO and Chairman
Chu James Michael
C/O L CATTERTON
599 WEST PUTNAM AVENUE
GREENWICH, CT06830
X
Dahnke Scott Arnold
C/O L CATTERTON
599 WEST PUTNAM AVENUE
GREENWICH, CT06830
X
Signatures
Aspirational Consumer Lifestyle Sponsor LLC, by /s/ Ravi Thakran, as attorney-in-fact 09/22/2020
Signature of Reporting Person Date
Dalvey Partners (BVI) Limited, by /s/ Ravi Thakran, as attorney-in-fact 09/22/2020
Signature of Reporting Person Date
Liber Pater, LLC, by /s/ Dave McPherson, as Secretary 09/22/2020
Signature of Reporting Person Date
/s/ Ravi Thakran 09/22/2020
Signature of Reporting Person Date
/s/ J. Michael Chu 09/22/2020
Signature of Reporting Person Date
/s/ Scott A. Dahnke 09/22/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )As described in the issuer's registration statement on Form S-1 (File No. 333-248592) under the heading "Description of Securities--Founder Shares", Class B ordinary shares, par value $0.0001, of the issuer will automatically convert into Class A ordinary shares, par value $0.0001, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment, and have no expiration date. Includes 843,750 Class B Ordinary Shares that are subject to forfeiture if the underwriter of the issuer's initial public offering does not exercise in full its option to purchase additional units.
( 2 )The reporting owner, Aspirational Consumer Lifestyle Sponsor LLC (the "Sponsor"), in whose name the securities reported herein are held. The members of the Sponsor are Dalvey Partners (BVI) Limited and Liber Pater, LLC. Dalvey Partners (BVI) Limited is controlled by Ravi Thakran. Liber Pater, LLC is controlled by J. Michael Chu and Scott A. Dahnke. Each of the Reporting Persons (other than the Sponsor) may be deemed a beneficial owner of shares held by the Sponsor but each disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his or its pecuniary interest therein.

Remarks:
Exhibit 24 - Powers of Attorney; Mr. Ravi Thakran serves on the board of directors of the issuer. For the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, Aspirational Consumer Lifestyle Sponsor LLC may be deemed a director by deputization with respect to the issuer on the basis of the service of Mr. Ravi Thakran on the issuer's board of directors.

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