Peter McKellar - Jan 2, 2024 Form 4 Insider Report for Investcorp Europe Acquisition Corp I (IVCB)

Role: Director
Signature: /s/ Peter McKellar
Stock symbol: IVCB
Transactions as of: Jan 2, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/22/2024, 06:28 PM
Previous filing: Dec 15, 2021
Next filing: Dec 27, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IVCB	Class A ordinary shares	Options Exercise		+575K			575K	Jan 2, 2024	Direct	F1

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	IVCB	Class B ordinary shares	Options Exercise		-575K	-100%		0	Jan 2, 2024	Class A ordinary shares	575K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In accordance with the Issuer's Amended and Restated Memorandum and Articles of Association, as amended (the "Articles of Association"), the Reporting Person voluntarily converted these Class B ordinary shares of the Issuer to Class A ordinary shares of the Issuer on a one-for-one basis.
F2	Unless otherwise converted in accordance with the Articles of Association, Class B ordinary shares automatically convert into Class A ordinary shares on a one-for-one basis in accordance with the promote schedule as described in the Issuer's registration statement on Form S-1 (File No. 333-261301), subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

Content

In accordance with the Issuer's Amended and Restated Memorandum and Articles of Association, as amended (the "Articles of Association"), the Reporting Person voluntarily converted these Class B ordinary shares of the Issuer to Class A ordinary shares of the Issuer on a one-for-one basis.

Unless otherwise converted in accordance with the Articles of Association, Class B ordinary shares automatically convert into Class A ordinary shares on a one-for-one basis in accordance with the promote schedule as described in the Issuer's registration statement on Form S-1 (File No. 333-261301), subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.