Peter McKellar - 02 Jan 2024 Form 4 Insider Report for Investcorp Europe Acquisition Corp I (IVCBF)

Role: Director
Signature: /s/ Peter McKellar
Issuer symbol: IVCBF
Transactions as of: 02 Jan 2024
Net transactions value: $0
Form type: 4
Filing time: 22 Jan 2024, 18:28:01 UTC
Previous filing: 15 Dec 2021
Next filing: 27 Dec 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IVCB	Class A ordinary shares	Options Exercise		+575,000			575,000	02 Jan 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		-575,000	-100%		0	02 Jan 2024	Class A ordinary shares	575,000		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.