Rene Gerardo Sagebien - 08 Apr 2022 Form 4 Insider Report for Benessere Capital Acquisition Corp.

Role
Director
Signature
/s/ Rene Gerardo Sagebien
Issuer symbol
N/A
Transactions as of
08 Apr 2022
Net transactions value
$0
Form type
4
Filing time
12 Apr 2022, 19:17:17 UTC
Previous filing
12 Apr 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 +2,500 $0.000000 2,500 08 Apr 2022 Class A Common Stock 2,500 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.