Endurance Antarctica Partners, LLC - Sep 14, 2021 Form 3 Insider Report for Endurance Acquisition Corp. (EDNC)

Role
10%+ Owner
Signature
/s/ Tyler Miller as attorney-in-fact for Endurance Antarctica Partners, LLC
Stock symbol
EDNC
Transactions as of
Sep 14, 2021
Transactions value $
$0
Form type
3
Date filed
9/15/2021, 09:20 AM
Next filing
Sep 21, 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 EDNC Class B Ordinary Shares, par value $0.0001 per share Sep 14, 2021 Class A Ordinary Shares, par value $0.0001 per share 5.57M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B Ordinary Shares, par value $0.0001 per share ("Class B Shares") have no expiration date and (i) are convertible into Class A Ordinary Shares, par value $0.0001 per share ("Class A Shares"), of the Issuer at any time at the option of the holder on a one-for-one basis and (ii) will automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis, in each case, subject to adjustment as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-259098).
F2 Endurance Antarctica Partners, LLC (the "Sponsor") directly owns 5,570,000 Class B Shares, including 750,000 Class B Shares that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full an option granted to them to cover over-allotments.
F3 Chandra R. Patel, Richard Charles Davis and Graeme B. Shaw share control over the managing member of the Sponsor and therefore, indirectly, the Sponsor and, as a result, each may be deemed to beneficially own the securities reported herein. Each of Chandra R. Patel, Richard Charles Davis and Graeme B. Shaw disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein.

Remarks:

Exhibit 24 - Powers of Attorney