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.