Angel Pond Partners LLC - Jan 28, 2022 Form 4 Insider Report for Angel Pond Holdings Corp (POND)

Role
10%+ Owner
Signature
Theodore T. Wang
Stock symbol
POND
Transactions as of
Jan 28, 2022
Transactions value $
$0
Form type
4
Date filed
2/2/2022, 08:08 AM
Previous filing
Jul 7, 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 POND Class B Ordinary Shares Other 0 0% 6.64M Jan 28, 2022 Class A Ordinary Shares 0 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 28, 2022, Angel Pond Partners LLC, Lionyet International Ltd., Theodore Wang and Shihuang Xie agreed to sell 10,000 Class B Ordinary Shares, par value $0.0001 per share (the "Class B Shares"), of Angel Pond Holdings Corp. (the "Issuer") to Chi Zhang for a nominal consideration pursuant to a forward purchase agreement. As described in the issuer's registration statement on Form S-1 (File No. 333-253990), as amended, under the heading "Principal Shareholders," the obligation to deliver the Class B Shares pursuant to the prepaid forwards is triggered by the consummation of an initial business combination. Until the transfers are consummated, Angel Pond Partners LLC will retain total voting and disposition control over the founder shares subject to the forward purchase agreements, subject to the future delivery obligations.
F2 (Continued from Footnote 1): On January 28, 2022, Angel Pond Partners LLC, Lionyet International Ltd., Theodore Wang and Shihuang Xie agreed to sell 10,000 Class B Ordinary Shares, par value $0.0001 per share (the "Class B Shares"), of Angel Pond Holdings Corp. (the "Issuer") to Chi Zhang for a nominal consideration pursuant to a forward purchase agreement. As described in the issuer's registration statement on Form S-1 (File No. 333-253990), as amended, under the heading "Principal Shareholders," the obligation to deliver the Class B Shares pursuant to the prepaid forwards is triggered by the consummation of an initial business combination. Until the transfers are consummated, Angel Pond Partners LLC will retain total voting and disposition control over the founder shares subject to the forward purchase agreements, subject to the future delivery obligations.