Daniel S. Webb - Oct 22, 2021 Form 4 Insider Report for Worldwide Webb Acquisition Corp. (WWAC)

Signature
/s/ Daniel S. Webb
Stock symbol
WWAC
Transactions as of
Oct 22, 2021
Transactions value $
$0
Form type
4
Date filed
10/26/2021, 04:54 PM
Previous filing
Oct 19, 2021
Next filing
Nov 13, 2023

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 WWAC Class B ordinary shares Sale -1.25M -21.74% 4.5M Oct 22, 2021 Class A ordinary shares 1.25M $0.00 See footnote F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Class B ordinary shares automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the Reporting Person, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2 All Class B ordinary shares reported in this Form 4 were sold at a per share price of $0.005.
F3 Includes up to 750,000 shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the Issuer's securities do not exercise in full their over-allotment option as described in the Issuer's registration statement on Form S-1 (File No. 333-259801).
F4 Worldwide Webb Acquisition Sponsor, LLC ("Sponsor") is the record holder of the shares reported herein. The Reporting Person is the manager of Sponsor. The Reporting Person, by virtue of his control over Sponsor may be deemed to beneficially own shares held by Sponsor. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein.