M3-Brigade Sponsor II LP - 19 Apr 2021 Form 4 Insider Report for M3-Brigade Acquisition II Corp.

Role
10%+ Owner
Signature
/s/ Mohsin Y. Meghji, as Authorized Signatory
Issuer symbol
N/A
Transactions as of
19 Apr 2021
Net transactions value
$0
Form type
4
Filing time
29 Mar 2022, 16:04:54 UTC

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 MBAC Class B common stock Other $0 -1,500,000 -13% $0.000000 10,000,000 19 Apr 2021 Class A Common Stock 1,500,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the Issuer's registration statement on Form S-1 (File No. 333-253132) under the heading "Description of Securities - Founder Shares," the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, or at any time prior thereto at the option of the holder, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
F2 On April 19, 2021, M3-Brigade Sponsor II LP (the "Sponsor) forfeited at no cost 1,500,000 shares of common stock, par value $0.0001 per share, in connection with the determination by the underwriters of the Issuer's initial public offering not to exercise in full the over-allotment option granted to them.