Leo J. Hindery Jr. - Nov 5, 2021 Form 4 Insider Report for Trine II Acquisition Corp. (TRAQ)

Role
Director, 10%+ Owner
Signature
/s/ Leo Hindery, Jr
Stock symbol
TRAQ
Transactions as of
Nov 5, 2021
Transactions value $
$0
Form type
4
Date filed
11/5/2021, 04:12 PM
Previous filing
Nov 2, 2021
Next filing
Dec 29, 2021

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 TRAQ Class B Ordinary Shares Disposed to Issuer $0 -1.5M -14.74% $0.00 8.68M Nov 5, 2021 Class A Ordinary Shares 1.5M See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer's Class B ordinary shares, par value $0.0001 per share (the "Class B Ordinary Shares"), are convertible for the Issuer's Class A ordinary shares, par value $0.0001 per share, as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-252260) (the "Registration Statement") and have no expiration date.
F2 On November 5, 2021, Robin Trine II LLC (the "Sponsor") forfeited 1,500,000 Class B Ordinary Shares as described in the Registration Statement.
F3 The Class B Ordinary Shares are held by Robin Trine II LLC. Acanthis Master, LLC ("Acanthis") is the managing member of the Sponsor. Leo Hindery, Jr., Chairman of the board of directors of the issuer, is a managing member of Acanthis, which has voting and investment discretion with respect to the Class B Ordinary Shares held of record by the Sponsor. Based on the foregoing, Mr. Hindery and Acanthis may be deemed to have shared beneficial ownership of the common stock held directly by the Sponsor. Each such entity or 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.