Gunther Bright - Jun 22, 2021 Form 4 Insider Report for Warburg Pincus Capital Corp I-B (WPCB)

Role: Director
Signature: /s/ Tara O'Neill as Attorney-in-Fact of Gunther Bright
Stock symbol: WPCB
Transactions as of: Jun 22, 2021
Transactions value $: $70
Form type: 4
Date filed: 6/22/2021, 05:36 PM
Previous filing: Jun 22, 2021
Next filing: Sep 16, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WPCB	Class B ordinary shares	Purchase	$70.00	+35K		$0.00^*	35K	Jun 22, 2021	Class A ordinary shares	35K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As described in the issuer's registration statement on Form S-1 (File No. 333-253212) under the heading "Description of Securities -- Founder Shares", the Class B shares will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

Content

As described in the issuer's registration statement on Form S-1 (File No. 333-253212) under the heading "Description of Securities -- Founder Shares", the Class B shares will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.