Neuberger Berman Group LLC - Mar 27, 2023 Form 4 Insider Report for E2open Parent Holdings, Inc. (ETWO)

Role
Other*, 10%+ Owner
Signature
/s/ Brad Cetron, Deputy General Counsel for Neuberger Berman Group LLC
Stock symbol
ETWO
Transactions as of
Mar 27, 2023
Transactions value $
$0
Form type
4
Date filed
3/29/2023, 04:51 PM
Previous filing
Feb 9, 2023
Next filing
Apr 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETWO Class A Common Stock Other $0 -568K -100% $0.00* 0 Mar 27, 2023 Held by NBOKS Co-Invest Fund I LP F1, F3
holding ETWO Class A Common Stock 30.6M Mar 27, 2023 Held by Neuberger Berman Opportunistic Capital Solutions Master Fund LP F1, 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 Reflects a pro-rata, in-kind distribution of 7,625,000 shares of Class A Common Stock from CC Neuberger Principal Holdings I Sponsor LLC ("Sponsor") to Master Fund on February 21, 2023, for no consideration. Sponsor also distributed to Master Fund 5,140,000 warrants to purchase shares of Class A Common Stock on February 21, 2023, pro-rata, in-kind and for no consideration. Each transaction resulted solely in a change in Master Fund's form of ownership and thus was exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act.
F3 Co-Invest Fund distributed these shares in-kind to its members on a pro-rata basis, for no consideration.

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.