Sec Form 4 Filing - Global SPAC Partners Sponsor LLC @ Global SPAC Partners Co, - 2021-04-13

Insider filing report for Changes in Beneficial Ownership
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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
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1. Name and Address of Reporting Person
Global SPAC Partners Sponsor LLC
2. Issuer Name and Ticker or Trading Symbol
Global SPAC Partners Co, [ GLSPU]
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)
2093 PHILADELPHIA PIKE #1968
3. Date of Earliest Transaction (MM/DD/YY)
04/13/2021
(Street)
CLAYMONT, DE19703
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
Class A Ordinary Shares 04/13/2021 P 515,000 ( 1 ) A $ 10 515,000 D
Class A Ordinary Shares 04/14/2021 P 15,000 ( 1 ) A $ 10 530,000 D
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 ( 2 ) 04/15/2021 J( 3 ) 412,500 ( 2 ) ( 2 ) Class A Ordinary Shares 412,500 $ 0 4,112,500 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Global SPAC Partners Sponsor LLC
2093 PHILADELPHIA PIKE #1968
CLAYMONT, DE19703
X
Signatures
/s/ Bryant B. Edwards, Sole Manager, on behalf of Global SPAC Sponsors LLC 04/15/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares are underlying subunits (each subunit consisting of one Class A ordinary share and one-quarter of one warrant, each whole warrant exercisable to purchase one Class A Ordinary Share) underlying units (each unit consisting of one subunit and one-half of one warrant) acquired by the Reporting Person pursuant to a placement unit subscription agreement dated April 8, 2021 by and between the Reporting Person and the Issuer.
( 2 )The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis. The Class B ordinary shares have no expiration date.
( 3 )As contemplated in connection with the initial public offering of the Issuer, 412,500 Class B ordinary shares of the Issuer were returned by the Reporting Person to the Issuer for no consideration and cancelled because a portion of the underwriters' over-allotment option was waived.

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).
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