Battery Future Sponsor LLC - Dec 14, 2021 Form 3/A - Amendment Insider Report for Battery Future Acquisition Corp. (BFAC)

Role
10%+ Owner
Signature
/s/ Jacob Tabman, as attorney-in-fact
Stock symbol
BFAC
Transactions as of
Dec 14, 2021
Transactions value $
$0
Form type
3/A - Amendment
Date filed
12/14/2021, 08:40 PM
Date Of Original Report
Dec 14, 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
holding BFAC Class B ordinary shares Dec 14, 2021 Class A ordinary shares 5.57M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Battery Future Sponsor LLC (the "Sponsor") directly owns 5,573,889 Class B ordinary shares, par value $0.0001 per share (the "Class B Shares"), of Battery Future Acquisition Corp. (the "Issuer"), including 1,040,556 Class B Shares that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full an option granted to them to cover over-allotments. Such Class B Shares have no expiration date and (i) are convertible into Class A ordinary shares, par value $0.0001 per share ("Class A Shares"), of the Issuer at any time at the option of the holder on a one-for-one basis and (ii) will automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis, in each case, subject to adjustment as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-261373).
F2 Battery Future Manager LLC is the manager of the Sponsor. Kristopher Salinger is the sole member of Battery Future Manager LLC and has voting and investment discretion with respect to the Class B Shares held of record by Battery Future Sponsor LLC. Mr. Salinger disclaims any beneficial ownership of the shares held by the sponsor, except to the extent of his pecuniary interest therein.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney