Tomi Kovanen - Dec 7, 2021 Form 4 Insider Report for Games & Esports Experience Acquisition Corp. (GEEX)

Signature
/s/ Tomi Kovanen
Stock symbol
GEEX
Transactions as of
Dec 7, 2021
Transactions value $
$0
Form type
4
Date filed
12/9/2021, 06:59 PM
Previous filing
Dec 2, 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
transaction GEEX Class B ordinary shares Other $0 -31.3K -0.64% $0.00 4.83M Dec 7, 2021 Class A ordinary shares 31.3K See footnote F1, F2, F3
holding GEEX Class B ordinary shares 37.9K Dec 7, 2021 Class A ordinary shares 37.9K Direct F1
* 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 will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the issuers initial business combination on a one-for-one basis, subject to adjustment, and have no expiration date.
F2 This Form 4 reflects the automatic surrender and forfeiture of 31,250 Class B ordinary shares for no consideration by GEEX Sponsor, LLC pursuant to contractual arrangements with the issuer, triggered by the election by the underwriters of the issuer's initial public offering not to exercise its option to purchase additional units in full.
F3 These Class B ordinary shares are held directly by GEEX Sponsor, LLC. Tomi Kovanen is one of two managers of GEEX Sponsor, LLC. As such, Tomi Kovanen may be deemed to have beneficial ownership of the Class B ordinary shares held directly by GEEX Sponsor, LLC, but disclaims beneficial ownership of such shares except to the extent, if any, of his pecuniary interest therein.