Michael Davidov - 06 Oct 2023 Form 4 Insider Report for Feutune Light Acquisition Corp (AIEV)

Signature
/s/ Michael Davidov
Issuer symbol
AIEV
Transactions as of
06 Oct 2023
Net transactions value
-$102
Form type
4
Filing time
06 Oct 2023, 10:27:54 UTC
Previous filing
12 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLFV Class B Common Stock Sale $102 -10,000 -50% $0.0102 10,000 06 Oct 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael Davidov is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Class B Common Stock will automatically convert into Class A Common Stock on one-for-one basis, subject to certain adjustments as provided in the amended and restated certificate of incorporation of Feutune Light Acquisition Corporation (the "Company") upon the consummation of an initial business combination.
F2 The reporting person has 20,000 founder shares of the Company (the "Founder Shares"), among which, he has agreed to transfer 10,000 shares to Feutune Light Sponsor LLC, the sponsor of the Company (the "Sponsor") at the original purchase price.
F3 Representing10,000 Founder Shares (after expected repurchase by the Sponsor, see note 2) that the reporting person acquired from the Sponsor, pursuant to a securities transfer agreement dated June 15, 2022, among the Sponsor and certain initial stockholders of the Company.