SEC FORM 4 SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
210 Capital, LLC

(Last) (First) (Middle)
4514 COLE AVENUE, SUITE 1600

(Street)
DALLAS TX 75205

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
P10, Inc. [ PX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/25/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 A Common Stock(1) 10/25/2021 C 1,172,884 A (2)(3) 1,172,884 I See Footnote(4)
Class A Common Stock(1) 10/25/2021 S 1,172,884 D $12 0 I See Footnote(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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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 Common Stock(1) (2)(3) 10/25/2021 C 1,172,884 (2)(3) (2)(3) Class A Common Stock 1,172,884 (2)(3) 13,688,895 I See Footnote(4)
1. Name and Address of Reporting Person*
210 Capital, LLC

(Last) (First) (Middle)
4514 COLE AVENUE, SUITE 1600

(Street)
DALLAS TX 75205

(City) (State) (Zip)
1. Name and Address of Reporting Person*
COVENANT RHA PARTNERS, L.P.

(Last) (First) (Middle)
4514 COLE AVENUE, SUITE 1600

(Street)
DALLAS TX 75205

(City) (State) (Zip)
1. Name and Address of Reporting Person*
CCW/LAW Holdings, LLC

(Last) (First) (Middle)
4514 COLE AVENUE, SUITE 1600

(Street)
DALLAS TX 75205

(City) (State) (Zip)
1. Name and Address of Reporting Person*
RHA Investments, Inc.

(Last) (First) (Middle)
4514 COLE AVENUE, SUITE 1600

(Street)
DALLAS TX 75205

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Alpert Robert H

(Last) (First) (Middle)
4514 COLE AVENUE, SUITE 1600

(Street)
DALLAS TX 75205

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Webb C Clark

(Last) (First) (Middle)
4514 COLE AVENUE, SUITE 1600

(Street)
DALLAS TX 75205

(City) (State) (Zip)
Explanation of Responses:
1. This Form 4 is being filed by 210/P10 Acquisition Partners, LLC ("210/P10"), in its capacity as direct holder of shares of Class B Common Stock, 210 Capital, LLC ("210 Capital"), in its capacity as sole member of 210/P10, Covenant RHA Partners, L.P. ("RHA Partners"), in its capacity as member of 210 Capital, CCW/LAW Holdings, LLC ("CCW Holdings"), in its capacity as member of 210 Capital, Mr. Webb, in his capacity as sole member of CCW Holdings, RHA Investments, Inc. ("RHA Investments"), in its capacity as general partner of RHA Partners, and Mr. Alpert, in his capacity as President and sole shareholder of RHA Investments (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his or its pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that such persons are beneficial owners of the securities of the Issuer reported herein.
2. Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock.
3. Continued from Footnote 2: A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter. On October 25, 2021, each Reporting Person directed the sale of shares of Class B Common Stock, as reported herein, resulting in the automatic conversion of the shares into Class A Common Stock upon execution of the sale.
4. Represents securities of the Issuer owned directly by 210/P10. By virtue of their relationship with 210/P10 described in Footnote 1, each of 210 Capital, RHA Partners, CCW/Law Holdings, RHA Investments, Mr. Webb and Mr. Alpert may be deemed to beneficially own the securities of the Issuer owned directly by 210/P10.
/s/ Amanda Coussens, as Attorney-in-Fact for the Reporting Persons 10/27/2021
** Signature of Reporting Person Date
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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