Sec Form 4 Filing - PHPC Sponsor, LLC @ Post Holdings Partnering Corp - 2023-05-30

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
PHPC Sponsor, LLC
2. Issuer Name and Ticker or Trading Symbol
Post Holdings Partnering Corp [ PSPC]
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)
2503 S. HANLEY ROAD
3. Date of Earliest Transaction (MM/DD/YY)
05/30/2023
(Street)
ST. LOUIS, MO63144
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
Series A Common Stock 05/30/2023 D 4,000,000 ( 1 ) D $ 10.24 ( 2 ) 1,090,000 D ( 3 )
Series A Common Stock 05/30/2023 D 1,090,000 ( 1 ) D $ 0 ( 4 ) 0 D ( 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
Series F Common Stock ( 5 ) 05/30/2023 D 8,624,999 ( 5 ) ( 5 ) Series A Common Stock 8,624,999 $ 0 ( 4 ) 1 D ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
PHPC Sponsor, LLC
2503 S. HANLEY ROAD
ST. LOUIS, MO63144
X
Post Holdings, Inc.
2503 S. HANLEY ROAD
ST. LOUIS, MO63144
X
Signatures
PHPC Sponsor, LLC, /s/ Elizabeth Minogue, Attorney-in-Fact 05/31/2023
Signature of Reporting Person Date
Post Holdings, Inc., /s/ Elizabeth Minogue, Attorney-in-Fact 05/31/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Concurrently with the Issuer's initial public offering (the ?IPO?), the Sponsor (as defined below) purchased (i) 4,000,000 units in the IPO and (ii) 1,090,000 of the Issuer's private placement units for $10.00 per private placement unit, which 5,090,000 units, as described in the Issuer's registration statement on Form S-1 (File No. 333-252910) (the "Registration Statement"), each include one share of Series A common stock, par value $0.0001 per share ("Series A common stock") and one-third of one redeemable warrant to purchase one share of Series A common stock at an exercise price of $11.50 per share.
( 2 )The reported securities were redeemed by the Issuer for approximately $10.24 per share in accordance with the Issuer?s amended and restated certificate of incorporation.
( 3 )This Form 4 is being filed by the following reporting persons: PHPC Sponsor, LLC, sponsor of the Issuer (the "Sponsor") and Post Holdings, Inc. ("Post Holdings" and, together with the Sponsor, the "Reporting Persons"). Post Holdings is the sole member of the Sponsor. Post Holdings controls the Sponsor, and as such has voting and investment discretion with respect to the securities held by the Sponsor. 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. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.
( 4 )This Form 4 reflects the surrender to the Issuer of 1,090,000 private placement units and 8,624,999 shares of Series F common stock, par value $0.0001 per share ("Series F common stock"), for no consideration by the Sponsor pursuant to a share surrender letter, dated May 30, 2023, from the Sponsor to the Issuer.
( 5 )As described in the Registration Statement under the heading "Description of Securities-Founder Shares", the shares of Series F common stock would have automatically converted into shares of Series B common stock, par value $0.0001 per share ("Series B common stock"), of the Issuer at the time of the Issuer's partnering transaction, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and had no expiration date. Prior to and following the consummation of the partnering transaction, at the option of the holder, shares of Series B common stock would have been convertible into shares of Series A common stock.

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