Sec Form 3 Filing - Deep Lake Capital Sponsor LP @ Deep Lake Capital Acquisition Corp. - 2021-01-12

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
Deep Lake Capital Sponsor LP
2. Issuer Name and Ticker or Trading Symbol
Deep Lake Capital Acquisition Corp. [ DLCA]
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 DEEP LAKE CAPITAL ACQUISITION CORP., 930 TAHOE BLVD, SUITE 802 PMB 381
3. Date of Earliest Transaction (MM/DD/YY)
01/12/2021
(Street)
INCLINE VILLAGE, NV89451
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, par value $0.0001 ( 2 ) ( 2 ) ( 2 ) Class A Ordinary Shares, par value $0.0001 5,085,000 D ( 1 ) ( 3 ) ( 4 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Deep Lake Capital Sponsor LP
C/O DEEP LAKE CAPITAL ACQUISITION CORP.
930 TAHOE BLVD, SUITE 802 PMB 381
INCLINE VILLAGE, NV89451
X
Deep Lake Capital GP LLC
C/O DEEP LAKE CAPITAL ACQUISITION CORP.
930 TAHOE BLVD, SUITE 802 PMB 381
INCLINE VILLAGE, NV89451
X
Incline Investments LLC
C/O INCLINE INVESTMENTS LLC
301 WEST AVENUE #5203
AUSTIN, TX78701
X
CY5 Investments LLC
C/O PELICAN INVESTMENTS LLC
3721 STANSBURY MILL ROAD
PHOENIX, AZ21131
X
Pelican Investments LLC
C/O CY5 INVESTMENTS LLC
930 TAHOE BLVD, SUITE 802, PMB 381
INCLINE VILLAGE, NV89451
X
Lavelle Mark L
C/O DEEP LAKE CAPITAL ACQUISITION CORP.
930 TAHOE BLVD, SUITE 802 PMB 381
INCLINE VILLAGE, NV89451
X X Chief Executive Officer
Marino Gary J
C/O DEEP LAKE CAPITAL ACQUISITION CORP.
930 TAHOE BLVD, SUITE 802 PMB 381
INCLINE VILLAGE, NV89451
X X President
CYRUS MICHAEL J
C/O DEEP LAKE CAPITAL ACQUISITION CORP.
930 TAHOE BLVD, SUITE 802 PMB 381
INCLINE VILLAGE, NV89451
X X Chief Financial Officer
Signatures
See Exhibit 99.1 for Signatures 01/12/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This form is being filed by the following Reporting Persons: Deep Lake Capital Sponsor LP (the "Sponsor"), Deep Lake Capital GP LLC. ("Deep Lake GP"), Incline Investments LLC ("Incline Investments"). CY5 Investments LLC ("CY5 Investments"), Pelican Investment LLC ("Pelican Investments"), Mark L. Lavelle, Michael J. Cyrus, and Gary J. Marino.
( 2 )The Sponsor owns 5,085,000 Class B ordinary shares, par value $0.0001 per share (the "Class B Ordinary Shares"), of Deep Lake Capital Acquisition Corp. (the "Issuer"), including 675,000 Class B Ordinary Shares that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full an option granted to it to cover over-allotments. The Class B Ordinary Shares have no expiration date and are convertible into Class A ordinary shares, par value $0.0001 per share, of the Issuer, as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-251649).
( 3 )Deep Lake GP is the general partner of the Sponsor. Each of Incline Investments, CY5 Investments and Pelican Investments own a one-third interest in Deep Lake GP and has sole voting and dispositive power over the Class B Ordinary Shares held by the Sponsor. Mark L. Lavelle is the sole manager of Incline Investments, Michael J. Cyrus is the sole manager of CY5 Investments and Gary J. Marino is the sole manager of Pelican Investments. Because of the relationships among the Reporting Persons, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests.
( 4 )Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.

Remarks:
Exhibit 24.1 Power of Attorney.Exhibit 99.1 Joint Filer Information (including signatures) is incorporated by reference herein.

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