Srinath Narayanan - Nov 2, 2021 Form 4 Insider Report for Project Energy Reimagined Acquisition Corp. (PEGR)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: Carol Anne Huff, as Attorney-in-Fact on behalf of Srinath Narayanan
Stock symbol: PEGR
Transactions as of: Nov 2, 2021
Transactions value $: -$4,687
Form type: 4
Date filed: 11/2/2021, 07:02 PM
Previous filing: Oct 28, 2021
Next filing: Jan 20, 2022

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	PEGR	Class B Ordinary Shares	Sale	-$4.69K	-1.17M	-16.65%	$0.00^*	5.87M	Nov 2, 2021	Class A Ordinary Shares	1.17M		See Footnotes	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 are convertible for the Issuer's Class A ordinary shares as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333- 254695) and have no expiration date.
F2	Includes up to 937,500 shares subject to forfeiture by Smilodon Capital, LLC (the "Sponsor") depending on the extent to which the underwriters' option to purchase additional units is exercised.
F3	The securities are held directly by the Sponsor. Admit Capital, LLC is the managing member of the Sponsor. Srinath Narayanan is the managing member of Admit Capital, LLC. Admit Capital, LLC and Srinath Narayanan may be deemed to share beneficial ownership of the Class B ordinary shares. Srinath Narayanan and Admit Capital, LLC each disclaims beneficial ownership of such shares except to the extent of his and its pecuniary interest therein.