Shahraab Ahmad - Mar 21, 2023 Form 4 Insider Report for Atlantic Coastal Acquisition Corp. (ACAH)

Role: Chairman and CEO, Director, 10%+ Owner
Signature: Atlantic Coastal Acquisition Management LLC, /s/ Shahraab Ahmad, Managing Member
Stock symbol: ACAH
Transactions as of: Mar 21, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/22/2023, 04:29 PM
Previous filing: Mar 6, 2023
Next filing: Apr 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACAH	Class A Common Stock, par value $0.0001 per share	Other		+50K	+0.59%		8.47M	Mar 21, 2023	See Footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 21, 2023, Daniel M. Tapiero resigned from the Board of Directors of Atlantic Coastal Acquisition Corp. (the "Company"). Pursuant to the terms of Mr. Tapiero's stock grant from the Company, Mr. Tapiero's resignation triggered a forfeiture of 50,000 shares of Class A Common Stock then-held by Mr. Tapiero to Atlantic Coastal Acquisition Management LLC.
F2	Atlantic Coastal Acquisition Management LLC is the record holder of the securities reported herein. Shahraab Ahmad is the managing member of Atlantic Coastal Acquisition Management LLC and has sole voting and investment discretion with respect to the securities held of record by Atlantic Coastal Acquisition Management LLC. Mr. Ahmad disclaims any beneficial ownership of the securities held by Atlantic Coastal Acquisition Management LLC.

Content

On March 21, 2023, Daniel M. Tapiero resigned from the Board of Directors of Atlantic Coastal Acquisition Corp. (the "Company"). Pursuant to the terms of Mr. Tapiero's stock grant from the Company, Mr. Tapiero's resignation triggered a forfeiture of 50,000 shares of Class A Common Stock then-held by Mr. Tapiero to Atlantic Coastal Acquisition Management LLC.

Atlantic Coastal Acquisition Management LLC is the record holder of the securities reported herein. Shahraab Ahmad is the managing member of Atlantic Coastal Acquisition Management LLC and has sole voting and investment discretion with respect to the securities held of record by Atlantic Coastal Acquisition Management LLC. Mr. Ahmad disclaims any beneficial ownership of the securities held by Atlantic Coastal Acquisition Management LLC.