Neuberger Berman Group LLC - 30 Dec 2022 Form 4 Insider Report for E2open Parent Holdings, Inc. (ETWO)

Signature
/s/ Brad Cetron, Deputy General Counsel for Neuberger Berman Group LLC
Issuer symbol
ETWO
Transactions as of
30 Dec 2022
Net transactions value
-$234,268
Form type
4
Filing time
04 Jan 2023, 19:43:00 UTC
Previous filing
21 Oct 2022
Next filing
09 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETWO Class A Common Stock Sale $234,268 -40,000 -6.6% $5.86 567,713 30 Dec 2022 Held by NBOKS Co-Invest Fund I LP F1, F3
holding ETWO Class A Common Stock 22,982,831 30 Dec 2022 Held by Neuberger Berman Opportunistic Capital Solutions Master Fund LP F1
holding ETWO Class A Common Stock 7,625,000 30 Dec 2022 Held by CC Neuberger Principal Holdings I Sponsor LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Neuberger Berman Investment Advisers LLC ("NBIA") serves as investment adviser to each of Neuberger Berman Opportunistic Capital Solutions Master Fund LP ("Master Fund") and NBOKS Co-Invest Fund I LP ("Co-Invest Fund") and, in such capacity, exercises voting or investment power over the shares held directly by Master Fund and Co-Invest Fund. Neuberger Berman Investment Advisers Holdings LLC is the holding company of NBIA and a subsidiary of Neuberger Berman Group LLC.
F2 CC Neuberger Principal Holdings I Sponsor LLC ("Sponsor") is controlled by two entities, one of which is Master Fund. Accordingly, the Reporting Persons share voting and dispositive control over the securities held by Sponsor. The reported securities reflect the pecuniary interest of the Reporting Persons in the securities held by the Sponsor. Each of the Reporting Persons disclaim beneficial ownership of the securities held by the Sponsor except to the extent of its pecuniary interest therein.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.78 to $5.94, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.

Remarks:

Master Fund has the contractual right to designate two members to the Issuer's board of directors. Accordingly, each of the Reporting Persons is deemed to be a "director by deputization", as such term is used for purposes of Section 16 of the Exchange Act, of the Issuer.