Ronald P. Kubera - 01 Sep 2021 Form 3 Insider Report for E2open Parent Holdings, Inc. (ETWO)

Signature
/s/ Jennifer S. Grafton by Power of Attorney
Issuer symbol
ETWO
Transactions as of
01 Sep 2021
Net transactions value
$0
Form type
3
Filing time
09 Sep 2021, 15:45:55 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ETWO Class A Common Stock 136,037 01 Sep 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
holding ETWO Series B-2 common stock 01 Sep 2021 Class A common stock 16,410 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 38,151 of these shares represent time-based restricted stock units ("RSUs") made to the senior leaders of E2open Parent Holdings, Inc. (the "Issuer"). The RSUs shall vest ratably on a specified day in each of 2022, 2023 and 2024, so long as Mr. Kenneson continues to provide services to the Issuer through such date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement for no consideration. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person following vesting. The remaining 97,886 shares are owned outright.
F2 These shares of Series B-2 common stock represent unvested, non-voting restricted common stock of the Issuer. Each share of Series B-2 common stock will vest on the first day on which the 20-day volume weighted average price of the Class A common stock is equal to at least $15.00, or upon certain change in control events specified in the LLC Agreement. Upon, vesting, each share of Series B-2 common stock will convert automatically into one share of Class A common stock.