James Crockard - Nov 9, 2021 Form 3 Insider Report for Arena Fortify Acquisition Corp. (AFAC)

Role
Director
Signature
/s/ James Crockard III
Stock symbol
AFAC
Transactions as of
Nov 9, 2021
Transactions value $
$0
Form type
3
Date filed
11/9/2021, 08:25 PM

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 AFAC Class B common stock Nov 9, 2021 Class A common stock 18.8K 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. 333-254532) under the heading "Description of Securities-Founder Shares," the shares of Class B common stock, par value $0.0001 per share, will automatically convert into shares of Class A common stock, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney