Sec Form 4 Filing - McLaren Technology Acquisition Sponsor LLC @ McLaren Technology Acquisition Corp. - 2021-11-05

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 McLaren Technology Acquisition Sponsor LLC 2. Issuer Name and Ticker or Trading Symbol McLaren Technology Acquisition Corp. [ MLAIU] 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 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) _____ 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 Class B Common Stock ( 1 ) 11/05/2021 J 4,681,250 D $ 25,000 4,681,250 ( 2 ) ( 3 ) 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 Warrants ( 4 ) $ 11.5 11/05/2021 J 9,050,000 ( 5 ) ( 6 ) Common Stock 9,050,000 $ 9,050,000 9,050,000 ( 7 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other McLaren Technology Acquisition Sponsor LLC C/O MCLAREN TECHNOLOGY ACQUISITION CORP. 2600 MICHELSON DRIVE SUITE 1700 IRVINE, CA92612 X McLaren Strategic Ventures Holdings, Inc. C/O MCLAREN TECHNOLOGY ACQUISITION CORP. 2600 MICHELSON DRIVE SUITE 1700 IRVINE, CA92612 X Signatures /s/ Sajan Pillai, Authorized Signatory of McLaren Technology Acquisition Sponsor LLC 11/09/2021 Signature of Reporting Person Date /s/ Sajan Pillai, the controlling shareholder of McLaren Strategic Ventures Holdings, Inc. 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") of the Issuer, will automatically convert into shares of Class A common stock, par value $0.0001 per share, at the time of the Issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein. ( 2 )These shares represent shares of Class B Common Stock held by McLaren Technology Acquisition Sponsor LLC (the "Sponsor") acquired pursuant to a subscription agreement by and between the Sponsor and the Issuer, dated as of March 9, 2021. ( 3 )As contemplated in connection with the initial public offering of the Issuer, (i) 300,000 shares of Class B Common Stock were returned by the Sponsor to the Issuer for no consideration and cancelled and (ii) 50,000 shares of Class B Common Stock were transferred from the Sponsor to Mizuho Securities USA LLC, leaving the Sponsor with 4,681,250 shares of Class B Common Stock. ( 4 )These warrants are held by the Sponsor and were purchased by the Sponsor on a private placement basis pursuant to a private placement warrants purchase agreement, dated November 2, 2021, in connection with the Issuer's initial public offering. ( 5 )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. ( 6 )Each warrant will expire five years after the completion of the Issuer's initial business combination. ( 7 )McLaren Strategic Ventures Holdings, Inc. is the managing member of the Sponsor and has voting and investment discretion with respect to the securities held by the Sponsor. As such, it may be deemed to share beneficial ownership of the securities of the Issuer held directly by the Sponsor.

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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