Rene Gerardo Sagebien - Apr 8, 2022 Form 4 Insider Report for Benessere Capital Acquisition Corp. (BENE)

Role
Director
Signature
/s/ Rene Gerardo Sagebien
Stock symbol
BENE
Transactions as of
Apr 8, 2022
Transactions value $
$0
Form type
4
Date filed
4/12/2022, 07:17 PM
Previous filing
Apr 12, 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 BENE Class B Common Stock Other $0 +2.5K $0.00 2.5K Apr 8, 2022 Class A Common Stock 2.5K Direct F1, F2
* 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. 333-249814) (the "Registration Statement") under the heading "Description of Securities--Founder Shares and Placement Shares," the shares of Class B common stock, par value $0.0001 per share, will automatically be converted into shares of Class A common stock, par value $0.0001 per share, at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
F2 As contemplated in connection with the election of the Reporting Person as director of the issuer, 2,500 shares of Class B common stock were transferred by ARC Global Investments LLC (the "Sponsor") to the Reporting Person.