Michael Rolnick - Nov 9, 2021 Form 3 Insider Report for Chain Bridge I (CBRG)

Signature
/s/ Andrew Berg, as Attorney-in-Fact
Stock symbol
CBRG
Transactions as of
Nov 9, 2021
Transactions value $
$0
Form type
3
Date filed
11/9/2021, 06:38 PM

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 CBRG Class B Ordinary Shares Nov 9, 2021 Class A Ordinary Shares 4.82M By Chain Bridge Group 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, as amended (File No. 333-254502) (the "Registration Statement"), under the heading "Description of Securities," the Class B Ordinary Shares will automatically convert into Class A Ordinary Shares of the Issuer at the time of the Issuer's initial business combination and have no expiration date. The shares reported herein include up to 625,714 Class B Ordinary Shares that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full their option to purchase additional units, as described in the Registration Statement.
F2 Chain Bridge Group (the "Sponsor") is the record holder of the shares reported herein. The Sponsor is governed by three managers (the "Managers"), Michael Rolnick, Stephen Bowsher and Christopher Darby. Each Manager has one vote and the approval of a majority of the Managers is required. Therefore no individual Manager can exercise voting or dispositive control over any of the securities and none of the Managers will be deemed to have or share beneficial ownership of such shares. Each of the Managers expressly disclaims any such beneficial interest to the extent of any pecuniary interest any of them may have therein, directly or indirectly.