Chinh E. Chu - 08 Jun 2021 Form 4 Insider Report for E2open Parent Holdings, Inc. (ETWO)

Signature
/s/ Douglas Newton, Attorney-in-Fact for Chinh E. Chu
Issuer symbol
ETWO
Transactions as of
08 Jun 2021
Net transactions value
$0
Form type
4
Filing time
10 Jun 2021, 20:06:51 UTC
Previous filing
25 May 2021
Next filing
03 Sep 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 +1,241,857 +17% 8,575,000 08 Jun 2021 See Footnote F1, F2
holding ETWO Class A Common Stock 17,912 08 Jun 2021 Direct

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 -1,241,857 -100% 0 08 Jun 2021 Class A Common Stock 1,241,857 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Series B-1 common stock automatically converted into shares of Class A common stock on a on a one-for-one basis upon the five-day volume weighted average trading price of the Class A common stock exceeding $13.50 per share.
F2 7,625,000 of the reported securities are directly held by CC Neuberger Principal Holdings I Sponsor LLC (the "Sponsor"), including the 1,241,857 shares of Class A common stock which converted automatically from shares of Series B-1 common stock. The reported securities reflect the pecuniary interest of the reporting person in the securities held by the Sponsor. 950,000 of the reported securities are directly held by CC NB Sponsor I Holdings LLC ("CC"). The reporting person controls CC and jointly controls the Sponsor and therefore may be deemed to be the beneficial owner of such securities. The reporting person disclaims beneficial ownership of the securities held by each of the Sponsor and CC except to the extent of his pecuniary interest therein.