StoneBridge Acquisition Sponsor LLC - Jul 15, 2021 Form 3 Insider Report for StoneBridge Acquisition Corp. (APAC)

Role
10%+ Owner
Signature
/s/ Prabhu Antony, Managing Member of BP SPAC Sponsor LLC, Managing Member of StoneBridge Acquisition Sponsor LLC
Stock symbol
APAC
Transactions as of
Jul 15, 2021
Transactions value $
$0
Form type
3
Date filed
7/15/2021, 08:11 PM
Next filing
Sep 1, 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
holding APAC Class B Ordinary Shares Jul 15, 2021 Class A Ordinary Shares 5.75M See footnote 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 (No. 333-253641) under the heading "Description of Securities - Ordinary Shares - Founder Shares", the Class B Ordinary Shares will automatically convert into shares of Class A Ordinary Shares at the time of the registrants initial business combination on a onefor-one basis subject to certain adjustments and have no expiration date.
F2 These shares represent the Class B Ordinary Shares held directly by StoneBridge Acquisition Sponsor LLC (the "Sponsor"), acquired pursuant to a subscription agreement by and between the Sponsor and the issuer. The Class B ordinary shares owned by the Sponsor includes up to 750,000 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the issuer's securities do not exercise their over-allotment option in full as described in the issuer's registration statement.