Eva F. Harris - Jun 8, 2021 Form 4 Insider Report for E2open Parent Holdings, Inc. (ETWO)

Role
Director
Signature
/s/ Douglas Newton by Power of Attorney
Stock symbol
ETWO
Transactions as of
Jun 8, 2021
Transactions value $
$0
Form type
4
Date filed
6/10/2021, 07:11 PM
Previous filing
May 25, 2021
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETWO Class A Common Stock Conversion of derivative security +8.14K +13.62% 67.9K Jun 8, 2021 Direct F1

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 ETWO Series B-1 Common Stock Conversion of derivative security $0 -8.14K -100% $0.00* 0 Jun 8, 2021 Class A Common Stock 8.14K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series B-1 common stock represent unvested, non-voting restricted common stock of the Issuer. Each share of Series B-1 common stock vests on the first day on which the 5-day volume weighted average price of the Class A common stock is equal to at least $13.50, or upon certain change in control events specified in the Third Amended and Restated Limited Liability Company Agreement of E2open Holdings (the "LLC Agreement"). Upon vesting, each share of Series B-1 common stock will convert automatically into one share of Class A common stock. On June 8, 2021, the 5-day volume weighted average price of the Class A common stock was equal to at least $13.50, resulting in the automatic conversion of the shares into Class A Common Stock.