Iqbaljit Kahlon - Nov 6, 2023 Form 4 Insider Report for Atlantic Coastal Acquisition Corp. II (ACAB)

Role: Director
Signature: By: /s/ Iqbaljit Kahlon
Stock symbol: ACAB
Transactions as of: Nov 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 11/8/2023, 04:15 PM
Previous filing: Apr 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACAB	Series A Common Stock, par value $0.0001 per share	Other		-50K	-100%		0	Nov 6, 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On November 6, 2023, the Reporting Person resigned from the Board of Directors of Atlantic Coastal Acquisition Corp. II (the "Company"). Pursuant to the terms of the Reporting Person's stock grant from the Company, the Reporting Person's resignation triggered a forfeiture of 50,000 shares of Series A Common Stock then-held by the Reporting Person to Atlantic Coastal Acquisition Management II LLC, the Company's initial public offering sponsor.

Content

On November 6, 2023, the Reporting Person resigned from the Board of Directors of Atlantic Coastal Acquisition Corp. II (the "Company"). Pursuant to the terms of the Reporting Person's stock grant from the Company, the Reporting Person's resignation triggered a forfeiture of 50,000 shares of Series A Common Stock then-held by the Reporting Person to Atlantic Coastal Acquisition Management II LLC, the Company's initial public offering sponsor.