G4G Sponsor LLC - 09 Dec 2021 Form 3 Insider Report for Growth for Good Acquisition Corp

Role
10%+ Owner
Signature
G4G Sponsor LLC By: /s/ Yana Watson Kakar, Manager
Issuer symbol
N/A
Transactions as of
09 Dec 2021
Net transactions value
$0
Form type
3
Filing time
09 Dec 2021, 20:23:22 UTC
Next filing
16 Dec 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 GFGD Class B Ordinary Shares 09 Dec 2021 Class A Ordinary Shares 6,325,000 $0.000000 Direct F1, F2, F3
* 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 (File No. 333-261369) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001, will automatically convert into Class A ordinary shares, par value $0.0001, of the issuer at the time of the issuer's initial business combination or earlier at the option of the Reporting Persons, on a one-for-one basis, subject to adjustment. The Class B ordinary shares have no expiration date.
F2 The Class B ordinary shares beneficially owned by the reporting person include up to 825,000 shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement.
F3 G4G Sponsor LLC ("Sponsor") is the record holder of the shares reported herein. Sponsor is governed by a board of managers consisting of three managers: Yana Watson Kakar, Rahul Kakar and David Birnbaum (the "Managers") and the approval of a majority of the Managers is required to approve any action of Sponsor. Each of the Managers disclaims beneficial ownership of the securities held of record by Sponsor.