Michael Farlekas - Jul 6, 2021 Form 4 Insider Report for E2open Parent Holdings, Inc. (ETWO)

Signature
/s/ Jennifer S. Grafton by Power of Attorney
Stock symbol
ETWO
Transactions as of
Jul 6, 2021
Transactions value $
$0
Form type
4
Date filed
7/6/2021, 02:06 PM
Previous filing
Jun 10, 2021
Next filing
Oct 19, 2021

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 Common Units Other +5.28K +0.35% 1.5M Jul 6, 2021 Class A Common Stock 5.28K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Common Units represent non-voting limited liability company interests in E2open Holdings subject to the terms of the Third Amended and Restated Limited Liability Company Agreement of E2open Holdings (the "LLC Agreement"). Beginning on August 4, 2021, these Common Units (together with the same number of shares of Class V common stock of the Issuer, which provide no economic rights in the Issuer but entitle the holder thereof to one vote per share of Class V common stock) may be exchanged at the discretion of the holder once per calendar quarter (subject to certain limitations set forth in the LLC Agreement) for shares of Class A common stock of the Issuer on a one-for-one basis (or the cash value thereof, at the election of the Issuer).
F2 These securities were issued pursuant to Section 3.5 of the Business Combination Agreement, dated October 14, 2020, by and among CC Neuberger Principal Holdings I, E2open Holdings, LLC ("E2open Holdings"), and the other parties thereto, as amended January 28, 2021, which section provides for the post-closing adjustment of consideration issued to various individuals as part of the merger transaction.