Craig E. Barnett - Dec 14, 2021 Form 3 Insider Report for Pearl Holdings Acquisition Corp (PRLH)

Role: CEO and Chairman, Director, 10%+ Owner
Signature: /s/ Craig E. Barnett
Stock symbol: PRLH
Transactions as of: Dec 14, 2021
Transactions value $: $0
Form type: 3
Date filed: 12/14/2021, 06:56 PM
Next filing: Jan 18, 2022

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	PRLH	Class B Ordinary Shares							Dec 14, 2021	Class A Ordinary Shares	5.03M		Pearl Holdings Sponsor LLC	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As described in the issuer's registration statement on Form S-1 (File No. 333-261319) under the heading "Description of Securities-Founder Shares", Class B ordinary shares, par value $0.0001 ("Class B Ordinary Shares"), of the issuer will automatically convert into Class A ordinary shares, par value $0.0001, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment, and have no expiration date. Includes 656,250 Class B Ordinary Shares that are subject to forfeiture if the underwriter of the issuer's initial public offering does not exercise in full its option to purchase additional units.
F2	The securities reported herein are directly held by Pearl Holdings Sponsor LLC (the "Sponsor"). The reporting person may be deemed a beneficial owner of securities held by the Sponsor by virtue of his shared control over and indirect pecuniary interest in the Sponsor. The reporting person disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein.

Content

As described in the issuer's registration statement on Form S-1 (File No. 333-261319) under the heading "Description of Securities-Founder Shares", Class B ordinary shares, par value $0.0001 ("Class B Ordinary Shares"), of the issuer will automatically convert into Class A ordinary shares, par value $0.0001, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment, and have no expiration date. Includes 656,250 Class B Ordinary Shares that are subject to forfeiture if the underwriter of the issuer's initial public offering does not exercise in full its option to purchase additional units.

The securities reported herein are directly held by Pearl Holdings Sponsor LLC (the "Sponsor"). The reporting person may be deemed a beneficial owner of securities held by the Sponsor by virtue of his shared control over and indirect pecuniary interest in the Sponsor. The reporting person disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein.