Sec Form 4 Filing - Watson Secil Tabli @ McLaren Technology Acquisition Corp. - 2021-11-05

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
Watson Secil Tabli
2. Issuer Name and Ticker or Trading Symbol
McLaren Technology Acquisition Corp. [ MLAIU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O MCLAREN TECHNOLOGY ACQUISITION CORP., 2600 MICHELSON DRIVE SUITE 1700
3. Date of Earliest Transaction (MM/DD/YY)
11/05/2021
(Street)
IRVINE,, CA92612
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 B Common Stock ( 1 ) 11/05/2021 J 40,000 A $ 0 40,000 I See Footnote ( 2 )
Class B Common Stock ( 1 ) 11/05/2021 J 22,500 A $ 75,000 ( 3 ) 62,500 I See Footnote ( 3 )
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
Warrants $ 11.5 11/05/2021 J 75,000 ( 4 ) ( 5 ) Common Stock 75,000 $ 75,000 75,000 ( 3 ) I See Footnote ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Watson Secil Tabli
C/O MCLAREN TECHNOLOGY ACQUISITION CORP.
2600 MICHELSON DRIVE SUITE 1700
IRVINE,, CA92612
X
Signatures
/s/ Secil Tabli Watson 11/09/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )As described in the Issuer's registration statement on Form S-1 (File No. 333-259339) (the "Registration Statement") under the heading "Description of Securities," the shares of Class B common stock, par value $0.0001 per share ("Class B Common Stock"), will automatically convert into shares of Class A common stock, par value $0.0001 per share, ("Class A Common Stock") at the time of the Issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein.
( 2 )Ms. Watson has an indirect pecuniary interest in shares of Class B Common Stock through her ownership of membership interests of McLaren Technology Acquisition Sponsor LLC (the "Sponsor"), over which the reporting person does not have voting or dispositive control. Pursuant to a Transfer Agreement entered into on November 5, 2021, by and between the Sponsor and Ms. Watson, the Sponsor granted the allocation of 40,000 shares of Class B Common Stock beneficially owned by the Sponsor to Ms. Watson for her services rendered to the Issuer.
( 3 )Ms. Watson has an indirect pecuniary interest in shares of Class B Common Stock and warrants to purchase Class A Common Stock through her ownership of membership interests of the Sponsor, over which the reporting person does not have voting or dispositive control. Pursuant to a Subscription Agreement entered into on November 5, 2021, by and between the Sponsor and Ms. Watson, Ms. Watson made a capital contribution to the Sponsor in the amount of $75,000 and the Sponsor allocated 22,500 shares of Class B Common Stock and 75,000 warrants of the Issuer to Ms. Watson, which the Sponsor owns.
( 4 )Each warrant will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination or November 5, 2022.
( 5 )Each warrant will expire five years after the completion of the Issuer's initial business combination.

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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