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    SEC Form 4 filed by Hurricane Sponsor Llc

    6/26/23 4:30:08 PM ET
    $HCNE
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    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
    OMB APPROVAL
    OMB Number: 3235-0287
    Estimated average burden
    hours per response: 0.5
    X
    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*
    Hurricane Sponsor LLC

    (Last) (First) (Middle)
    1601 WASHINGTON AVENUE, SUITE 800

    (Street)
    MIAMI BEACH FL 33139

    (City) (State) (Zip)
    2. Issuer Name and Ticker or Trading Symbol
    Jaws Hurricane Acquisition Corp [ HCNE ]
    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)
    06/23/2023
    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
    Rule 10b5-1(c) Transaction Indication

      
    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
    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
    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) 06/23/2023 D 7,906,249 (1) (1) Class A common stock 7,906,249 $0.00(2) 1 D(3)
    1. Name and Address of Reporting Person*
    Hurricane Sponsor LLC

    (Last) (First) (Middle)
    1601 WASHINGTON AVENUE, SUITE 800

    (Street)
    MIAMI BEACH FL 33139

    (City) (State) (Zip)
    1. Name and Address of Reporting Person*
    STERNLICHT BARRY S

    (Last) (First) (Middle)
    1601 WASHINGTON AVENUE, SUITE 800

    (Street)
    MIAMI BEACH FL 33139

    (City) (State) (Zip)
    1. Name and Address of Reporting Person*
    Appelbaum Andrew

    (Last) (First) (Middle)
    1601 WASHINGTON AVENUE, SUITE 800

    (Street)
    MIAMI BEACH FL 33139

    (City) (State) (Zip)
    1. Name and Address of Reporting Person*
    Weprin Benjamin

    (Last) (First) (Middle)
    1601 WASHINGTON AVENUE, SUITE 800

    (Street)
    MIAMI BEACH FL 33139

    (City) (State) (Zip)
    1. Name and Address of Reporting Person*
    Dhody Sanjan

    (Last) (First) (Middle)
    1601 WASHINGTON AVENUE, SUITE 800

    (Street)
    MIAMI BEACH FL 33139

    (City) (State) (Zip)
    Explanation of Responses:
    1. As described in the Issuer's registration statement on Form S-1 (File No. 333-253541) under the heading "Description of Securities-Founder Shares", the shares of Class B common stock, par value $0.001 per share ("Class B common stock"), would have automatically converted into shares of Class A common stock, par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and had no expiration date.
    2. In connection with the liquidation and dissolution of the Issuer, each of Andy Appelbaum, Benjamin Weprin, and Sanjan Dhody surrendered to the Issuer, for no consideration, 25,000 shares of Class B common stock directly held by such reporting person. Hurricane Sponsor LLC (the "Sponsor") and Barry S. Sternlicht surrendered to the Issuer, for no consideration, 7,831,249 shares of Class B common stock directly held by the Sponsor.
    3. Mr. Sternlicht is the sole member of the Sponsor and, as such, may be deemed to have beneficial ownership of the securities held directly by the Sponsor. Each of the Sponsor and Mr. Sternlicht disclaims beneficial ownership of the securities reported herein, except to the extent of each of the Sponsor and Mr. Sternlicht's pecuniary interest therein, if any.
    Remarks:
    After giving effect to the Issuer's delisting and deregistration, the Reporting Persons will no longer be subject to Section 16 reporting obligations.
    Hurricane Sponsor LLC: By: /s/ Matthew Walters, Attorney-in-Fact 06/26/2023
    Barry S. Sternlicht: By: /s/ Matthew Walters, Attorney-in-Fact 06/26/2023
    Andy Appelbaum: By: /s/ Matthew Walters, Attorney-in-Fact 06/26/2023
    Benjamin Weprin: By: /s/ Matthew Walters, Attorney-in-Fact 06/26/2023
    Sanjan Dhody By: /s/ Matthew Walters, Attorney-in-Fact 06/26/2023
    ** 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).
    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.
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