Manoj Jain - Jul 29, 2022 Form 4 Insider Report for FiscalNote Holdings, Inc. (NOTE)

Role: Director, 10%+ Owner
Signature: /s/ Manoj Jain
Stock symbol: NOTE
Transactions as of: Jul 29, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/2/2022, 01:32 PM
Next filing: Oct 7, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NOTE	Class A Common Stock	Options Exercise		+4.33M			4.33M	Jul 29, 2022	By Duddell Street Holdings Limited	F1, F2

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	NOTE	Class B Ordinary Shares	Conversion of derivative security		-4.33M	-100%		0	Jul 29, 2022	Class A Common Stock	4.33M	$0.00	By Duddell Street Holdings Limited	F2, F3

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

Explanation of Responses:

Id	Content
F1	These shares of Class A Common Stock were acquired upon the automatic conversion of the Class B ordinary shares on a one-for-one basis for no additional consideration concurrently with the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated November 7, 2021, by and among Duddell Street Acquisition Corp. (now known as FiscalNote Holdings Inc., the "Issuer"), Grassroots Merger Sub, Inc., a wholly owned subsidiary of the Issuer ("Merger Sub"), and FiscalNote Holdings, Inc. (as it may be amended and/or restated from time to time (the "Business Combination Agreement")).
F2	The shares of Class A Common Stock and the converted Class B Ordinary Shares are (or were) held of record by Duddell Street Holdings Limited, a Cayman Islands limited liability company ("Holdings"). Maso Capital Offshore Limited, a Cayman Islands limited liability company ("Maso") is the sole member and manager of Holdings. Maso is beneficially owned and controlled by the Reporting Person, Sohit Khurana and Allan Finnerty, each of whom may be deemed to have beneficial ownership over these shares. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
F3	These Class B ordinary shares automatically converted into Class A Common Stock on a one-for-one basis for no additional consideration concurrently with the consummation of the transactions contemplated by the Business Combination Agreement. The Class B ordinary shares had no expiration date.