SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Ketchum Stephen

(Last) (First) (Middle)
C/O SOUND POINT ACQUISITION CORP I, LTD
375 PARK AVENUE

(Street)
NEW YORK NY 10152

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/01/2022
3. Issuer Name and Ticker or Trading Symbol
Sound Point Acquisition Corp I, Ltd [ SPCM ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Class B ordinary shares, par value $0.0001 (1) (1) Class A ordinary shares, par value $0.0001 6,368,750(2) (1) I See footnote(3)
Explanation of Responses:
1. The Class B ordinary shares are convertible into Class A ordinary shares as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-262354). The Class B ordinary shares have no expiration date.
2. Includes 843,750Class B ordinary shares that are subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised in connection with the Issuer's initial public offering of Class A ordinary shares. The reporting person disclaims beneficial ownership of all of the securities that are or may be beneficially owned by Sound Point Acquisition Sponsor I, LLC (the "Sponsor") or any of its affiliates except to the extent of his pecuniary interest therein. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities of the Issuer for purposes of Section 16 of the Exchange Act or otherwise.
3. Represents 6,368,750 Class B ordinary shares held by the Sponsor. The Sponsor is managed by Sound Point Acquisition Sponsor Consolidator, LLC, its managing member. Sound Point Acquisition Sponsor Consolidator, LLC is managed by Sound Point Capital Management, LP, its managing member, which is managed by SPC Partners GP, LLC, its general partner. The reporting person is the managing member of SPC Partners GP, LLC. Accordingly, the reporting person may be deemed to have or share beneficial ownership of the shares held directly by the Sponsor.
Remarks:
See Exhibit 24 - Power of Attorney
/s/ David Grill, as Attorney-in-Fact for Stephen Ketchum 03/01/2022
** 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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.