Sec Form 4 Filing - Strupp David J. @ Ignyte Acquisition Corp. - 2021-03-10

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
Strupp David J.
2. Issuer Name and Ticker or Trading Symbol
Ignyte Acquisition Corp. [ IGNYU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Co-Chief Executive Officer
(Last) (First) (Middle)
C/O IGNYTE ACQUISITION CORP., 640 FIFTH AVENUE, 4TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
03/10/2021
(Street)
NEW YORK, NY10019
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
Common Stock, par value $0.0001 03/10/2021 P 4,601 A 4,601 D
Common Stock, par value $0.0001 03/11/2021 P 5,399 A 10,000 D
Common Stock, par value $0.0001 1,437,500 I By Ignyte Sponsor LLC ( 4 )
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
Common Stock Warrants (right to buy) $ 11.5 03/10/2021 P 2,300.5 03/10/2021 ( 3 ) Common Stock 2,300.5 ( 1 ) 2,300.5 D
Common Stock Warrants (right to buy) $ 11.5 03/11/2021 P 2,699.5 03/10/2021 ( 3 ) Common Stock 2,699.5 ( 2 ) 5,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Strupp David J.
C/O IGNYTE ACQUISITION CORP.
640 FIFTH AVENUE, 4TH FLOOR
NEW YORK, NY10019
X X Co-Chief Executive Officer
Signatures
/s/ David J. Strupp, Jr. 03/11/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reported securities are included within 4,601 Units purchased by the reporting person at a price of $10.29 per Unit. Each Unit consists of one share of common stock and one half of one warrant to purchase one share of common stock.
( 2 )The reported securities are included within 5,399 Units purchased by the reporting person at a price of $10.20 per Unit. Each Unit consists of one share of common stock and one half of one warrant to purchase one share of common stock.
( 3 )The warrants expire on the fifth anniversary of the Issuer's completion of an initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.
( 4 )David J. Strupp, Jr. is a managing member of this entity and may be deemed to be the beneficial owner of the securities held thereby. Mr. Strupp disclaims beneficial ownership except to the extent of his respective 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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