Carl Ferenbach - Sep 27, 2021 Form 3 Insider Report for Berenson Acquisition Corp. I (BACA)

Role
Director
Signature
/s/ Yuta N. Delarck, Attorney-in-Fact
Stock symbol
BACA
Transactions as of
Sep 27, 2021
Transactions value $
$0
Form type
3
Date filed
10/22/2021, 06:30 AM

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
holding BACA Class B common stock Sep 27, 2021 Class A common stock 25K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the initial business combination of Berenson Acquisition Corp. I (the "Issuer"), or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as set forth in the Issuer's Registration Statement on Form S-1 (File No. 333-259470) and have no expiration date.
F2 The Reporting Person indirectly owns membership interests in Berenson SPAC Holdings I, LLC (the "Sponsor"), which directly owns shares of Class B common stock of the Issuer and, as a result thereof, the Reporting Person holds an indirect economic interest in the Sponsor and an indirect pecuniary interest in certain of the securities held by the Sponsor.

Remarks:

See Exhibit 24.1 - Power of Attorney