Deep Lake Capital Acquisition Form 4 / MICHAEL J CYRUS ownership change

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^*

Deep Lake Capital Sponsor LP

(Last)

(First)

(Middle)

C/O DEEP LAKE CAPITAL ACQUISITION CORP.

930 TAHOE BLVD, SUITE 802 PMB 381

(Street)

INCLINE VILLAGE

89451

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Deep Lake Capital Acquisition Corp. [ DLCA ]

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)
04/05/2021

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Ordinary Shares, par value $0.0001	⁽²⁾	04/05/2021		S			30,000⁽²⁾	⁽²⁾	⁽²⁾	Class A ordinary shares, par value $0.0001	30,000	$0.0048⁽²⁾	5,055,000	D⁽¹⁾⁽³⁾⁽⁴⁾

1. Name and Address of Reporting Person^*

Deep Lake Capital Sponsor LP

(Last)

(First)

(Middle)

C/O DEEP LAKE CAPITAL ACQUISITION CORP.

930 TAHOE BLVD, SUITE 802 PMB 381

(Street)

INCLINE VILLAGE

89451

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Deep Lake Capital GP LLC

(Last)

(First)

(Middle)

C/O DEEP LAKE CAPITAL ACQUISITION CORP.

930 TAHOE BLVD, SUITE 802 PMB 381

(Street)

INCLINE VILLAGE

89451

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Incline Investments LLC

(Last)

(First)

(Middle)

C/O INCLINE INVESTMENTS LLC

301 WEST AVENUE #5203

(Street)

AUSTIN

78701

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

CY5 Investments LLC

(Last)

(First)

(Middle)

C/O PELICAN INVESTMENTS LLC

3721 STANSBURY MILL ROAD

(Street)

PHOENIX

21131

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Pelican Investments LLC

(Last)

(First)

(Middle)

C/O CY5 INVESTMENTS LLC

930 TAHOE BLVD, SUITE 802, PMB 381

(Street)

INCLINE VILLAGE

89451

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Lavelle Mark L

(Last)

(First)

(Middle)

C/O DEEP LAKE CAPITAL ACQUISITION CORP.

930 TAHOE BLVD, SUITE 802 PMB 381

(Street)

INCLINE VILLAGE

89451

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

CYRUS MICHAEL J

(Last)

(First)

(Middle)

C/O DEEP LAKE CAPITAL ACQUISITION CORP.

930 TAHOE BLVD, SUITE 802 PMB 381

(Street)

INCLINE VILLAGE

89451

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Marino Gary J

(Last)

(First)

(Middle)

C/O DEEP LAKE CAPITAL ACQUISITION CORP.

930 TAHOE BLVD, SUITE 802 PMB 381

(Street)

INCLINE VILLAGE

89451

(City)

(State)

(Zip)

Explanation of Responses:

1. This form is being filed by the following Reporting Persons: Deep Lake Capital Sponsor LP (the "Sponsor"), Deep Lake Capital GP LLC. ("Deep Lake GP"), Incline Investments LLC ("Incline Investments"). CY5 Investments LLC ("CY5 Investments"), Pelican Investment LLC ("Pelican Investments"), Mark L. Lavelle, Michael J. Cyrus, and Gary J. Marino.

2. The Sponsor sold 30,000 shares of Class B ordinary shares, par value $0.0001 per share (the "Class B Ordinary Shares"), of Deep Lake Capital Acquisition Corp. (the "Issuer"), for the aggregate consideration of $144.93. Class B Ordinary Shares have no expiration date and are convertible into Class A ordinary shares, par value $0.0001 per share, of the Issuer, as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-251649).

3. Deep Lake GP is the general partner of the Sponsor. Each of Incline Investments, CY5 Investments and Pelican Investments own a one-third interest in Deep Lake GP and has sole voting and dispositive power over the Class B Ordinary Shares held by the Sponsor. Mark L. Lavelle is the sole manager of Incline Investments, Michael J. Cyrus is the sole manager of CY5 Investments and Gary J. Marino is the sole manager of Pelican Investments. 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.

4. 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 Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.

	/s/ Mark L. Lavelle, Attorney-in-Fact	04/05/2021
	** 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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Deep Lake Capital Acquisition (DLCA) Form 4Deep Lake Capital Acquisition / MICHAEL J CYRUS ownership change