Robert Wolf - Dec 23, 2021 Form 4 Insider Report for EJF Acquisition Corp. (EJFA)

Role: Director
Signature: /s/ Kevin Stein, Attorney-in-Fact
Stock symbol: EJFA
Transactions as of: Dec 23, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/28/2021, 04:44 PM
Next filing: Jun 22, 2022

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	EJFA	Class B ordinary shares	Gift	$0	-40K	-100%	$0.00^*	0	Dec 23, 2021	Class A ordinary shares	40K		Direct	F1, F2
holding	EJFA	Class B ordinary shares						40K	Dec 23, 2021	Class A ordinary shares	40K		By LLC	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. 333-252892) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001, are automatically convertible into Class A ordinary shares concurrently with, or immediately following, the consummation of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights.
F2	Represents a transfer of the Class B ordinary shares to a limited liability company controlled by the Reporting Person in connection with the long-term estate planning of the Reporting Person. The Reporting Person disclaims beneficial ownership of securities reported herein as indirectly held, except to the extent of his pecuniary interest therein.

Content

As described in the Issuer's registration statement on Form S-1 (File No. 333-252892) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001, are automatically convertible into Class A ordinary shares concurrently with, or immediately following, the consummation of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights.

Represents a transfer of the Class B ordinary shares to a limited liability company controlled by the Reporting Person in connection with the long-term estate planning of the Reporting Person. The Reporting Person disclaims beneficial ownership of securities reported herein as indirectly held, except to the extent of his pecuniary interest therein.