VidAngel Form 3/A Angel Studios / Jared Geesey ownership change

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

OMB APPROVAL

OMB Number:	3235-0104
Estimated average burden
hours per response:	0.5

1. Name and Address of Reporting Person^*

Geesey Jared

(Last) (First) (Middle)

295 W. CENTER ST.

(Street)

PROVO UT 84801

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/29/2024

3. Issuer Name and Ticker or Trading Symbol
Angel Studios, Inc. [ NONE ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Distribution Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)
04/29/2024

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
Stock Option	(1)	11/02/2031	Class F Common Stock	8,000	8.9	D
Stock Option	(2)	07/22/2032	Class F Common Stock	10,000	11.95	D
Stock Option	(3)	12/02/2032	Class F Common Stock	17,158	11.95	D
Stock Option	(4)	04/20/2033	Class F Common Stock	2,500	14.18	D
Stock Option	(5)	10/20/2033	Class C Common Stock	28,021	14.18	D

Explanation of Responses:

1. Represent stock options exercisable for shares of Class F Common Stock. Twenty-five percent (25%) of these options vested on November 2, 2022, with the remaining options vesting in equal monthly installments through November 2, 2025.

2. Represent stock options exercisable for shares of Class F Common Stock. Twenty-five percent (25%) of these options vested vest on July 22, 2023, with the remaining options vesting in equal monthly installments through July 22, 2026.

3. Represent fully-vested stock options exercisable for shares of Class F Common Stock.

4. Represent stock options exercisable for shares of Class F Common Stock. One twenty-fourth (1/24th) of these options vested or will vest in equal monthly installments from May 20, 2023, through April 20, 2025.

5. This Amendment is being filed to correct an erroneous entry, on the fifth line of Table II of the Form 3 filed on April 29, 2024, to 28,021 stock options exercisable for shares of Class F Common Stock. As correctly reflected on the fifth line of Table II of this Amendment, the 28,021 stock options are instead exercisable for shares of Class C Common Stock. These options will vest in 10 tranches, equally divided, with each tranche becoming vested based on a series of increasing stock price milestones.

	/s/ Patrick J. Reilly, Attorney-in-Fact	07/24/2024
	** 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.