Sec Form 3 Filing - HH&L Investment Co. @ HH&L Acquisition Co. - 2021-02-04

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
HH&L Investment Co.
2. Issuer Name and Ticker or Trading Symbol
HH&L Acquisition Co. [ HHLA]
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)
C/O SUITE 3508, ONE EXCHANGE SQUARE, 8, CONNAUGHT PLACE, CENTRAL
3. Date of Earliest Transaction (MM/DD/YY)
02/04/2021
(Street)
HONG KONG, K300000
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 ) ( 1 ) Class A Ordinary Shares ( 1 ) 10,284,000 ( 2 ) I See footnotes ( 1 ) ( 2 ) ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HH&L Investment Co.
C/O SUITE 3508, ONE EXCHANGE SQUARE, 8
CONNAUGHT PLACE, CENTRAL
HONG KONG, K300000
X X
Li Qi
C/O SUITE 3508, ONE EXCHANGE SQUARE, 8
CONNAUGHT PLACE, CENTRAL
HONG KONG, K300000
X
Hitchner Kenneth W
C/O SUITE 3508, ONE EXCHANGE SQUARE, 8
CONNAUGHT PLACE, CENTRAL
HONG KONG, K300000
X
Signatures
/s/ HH&L Investment Co., By: /s/ Qi Li, Director 02/05/2021
Signature of Reporting Person Date
/s/ Qi Li 02/05/2021
Signature of Reporting Person Date
/s/ Kenneth W. Hitchner 02/05/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Class B Ordinary Shares of the Issuer ("Class B Shares") will automatically convert into Class A Ordinary Shares of the Issuer ("Class A Shares") on a one-for-one basis (subject to certain adjustments, including for share sub-divisions, share capitalizations, reorganizations, recapitalizations and other transactions) concurrently with or immediately following the consummation of the Issuer's initial business combination, as described in the section entitled "Description of Securities" in the Issuer's Registration Statement on Form S-1/A (File No. 333-252254) filed with the Securities and Exchange Commission on February 1, 2021. The Class B Shares have no expiration date.
( 2 )Reflects Class B Shares held by HH&L Investment Co. (the "Sponsor"). Certain actions of the Sponsor (including voting and dispositive decisions) with respect to the reported securities require the approval of two or more of the three shareholders of the Sponsor - Fenglei Fang, Qi Li and Kenneth W. Hitchner . Each of Messrs. Li and Hitchner are also members of the Issuer's Board of Directors. Mr. Fang is also the chairman of the Issuer's advisory board.
( 3 )Under the so-called "rule of three," if voting and dispositive decisions regarding an entity's securities are made by two or more individuals, and a voting and dispositive decision requires the approval of a majority of those individuals, then none of the individuals is deemed a beneficial owner of the entity's securities. Therefore, none of Messrs. Fang, Li or Hitchner exercises voting or dispositive control over any of the securities held by the Sponsor, even those in which he holds any direct or indirect pecuniary interest. Accordingly, none of them are be deemed to have or share beneficial ownership over the reported securities, and the filing of this Form 3 shall not be deemed an admission that any of Messrs. Li or Hitchner have or share beneficial ownership over the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.

Remarks:
Exhibit 99 - Joint Filer Statement

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