FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SECURITY BENEFIT LIFE INSURANCE CO /KS/
2. Issuer Name and Ticker or Trading Symbol

Zanite Acquisition Corp. [ ZNTE ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

ONE SECURITY BENEFIT PLACE
3. Date of Earliest Transaction (MM/DD/YYYY)

1/21/2021
(Street)

TOPEKA, KS 66636
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)1/21/2021  S  14575 D$14 2485425 D (3) 
Class A Common Stock (1)2/1/2021  J(2)  V 2485425 A$10 2485425 D (3) 
Class A Common Stock 2/1/2021  S  20123 D$12.7049 2465302 D (3) 
Class A Common Stock 2/17/2021  S  25000 D$12.61 2440302 D (3) 
Class A Common Stock 2/17/2021  S  62512 D$12.4311 2377790 D (3) 
Class A Common Stock 2/19/2021  S  75000 D$12.701 2302790 D (3) 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) The reported securities are included within 2,485,425 Units of Zanite Acquisition Corp. (the "Company") purchased by the reporting person for $10.00 per Unit. Each Unit consists of one share of Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50, subject to certain adjustments. The warrants will become exercisable on the later of 30 days after the completion of the Company's initial business combination or 12 months from the closing of the Issuer's initial public offering.
(2) 2,485,425 units previously held by Security Benefit Life Insurance Company ("SBLI") were transferred to Triple8, LLC ("Trible8"), which is a sister company of SBLI (SBLI and Trible8 are both indirect subsidiaries of Eldridge Industries, LLC ("Eldridge")), at a price for $10.00 per Unit (the "Transfer"). The Transfer is an exempt transaction pursuant to Securities and Exchange Act Rule 16a-13 as a mere change in form of ownership. Following the Transfer, these Units are held directly by Trible8, and SBLI is no longer a reporting person.
(3) Trible8 is indirectly controlled by Eldridge. Todd L. Boehly is the indirect controlling member of Eldridge, and in such capacity, may be deemed to have voting and dispositive power with respect to the shares. Eldridge and Mr. Boehly disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SECURITY BENEFIT LIFE INSURANCE CO /KS/
ONE SECURITY BENEFIT PLACE
TOPEKA, KS 66636

X

Triple8, LLC
ONE SECURITY BENEFIT PLACE
TOPEKA, KS 66636

X

Eldridge Industries, LLC
600 STEAMBOAT ROAD, FLOOR 2
GREENWICH, CT 06830

X

Boehly Todd L
600 STEAMBOAT ROAD, FLOOR 2
GREENWICH, CT 06830

X


Signatures
Security Benefit Life Insurance Company, By: /s/ Joseph Wittrock, Senior Vice President and Chief Investment Officer2/24/2021
**Signature of Reporting PersonDate

Triple8, LLC By: /s/ Joseph Wittrock, Manager and Vice President2/24/2021
**Signature of Reporting PersonDate

Eldridge Industries, LLC, By: /s/ Todd Boehly, Authorized Signatory2/24/2021
**Signature of Reporting PersonDate

/s/ Todd L. Boehly2/24/2021
**Signature of Reporting PersonDate

Zanite Acquisition (NASDAQ:ZNTE)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Zanite Acquisition Charts.
Zanite Acquisition (NASDAQ:ZNTE)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Zanite Acquisition Charts.