Chinh Chu - May 1, 2023 Form 4 Insider Report for E2open Parent Holdings, Inc. (ETWO)

Role
Director
Signature
/s/ Jennifer S. Grafton, by Power of Attorney
Stock symbol
ETWO
Transactions as of
May 1, 2023
Transactions value $
$0
Form type
4
Date filed
5/3/2023, 04:07 PM
Previous filing
Mar 17, 2023
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETWO Class A Common Stock Award $0 +60.6K +278.83% $0.00 82.4K May 1, 2023 Direct F1, F2
holding ETWO Class A Common Stock 8.6M May 1, 2023 By CC NB Sponsor 1 Holding LLC F3
holding ETWO Class A Common Stock 17.9K May 1, 2023 By CC Capital Holdings LP F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an annual award of restricted stock units ("RSUs") to the non-employee directors (the "Annual Award") of E2open Parent Holdings, Inc. (the "Issuer"). The Annual Award shall fully vest on May 1, 2024, so long as the non-employee director continues to provide services to the Issuer through such date. For fiscal year 2024, Mr. Chu elected to receive all cash payments in the form of equity, which was combined with the annual grant included herein. 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.
F2 The Reporting Person, the Founder and Senior Managing Director of CC Capital, has no pecuniary interest in the securities reported herein and disclaims beneficial ownership of such securities. The Reporting Person holds the RSUs for the benefit, and at the direction, of CC Capital.
F3 The reported securities are held by CC NB Sponsor 1 Holding LLC ("CC"). The reported securities includes 7,625,000 shares of Class A Common Stock that were previously held by CC Neuberger Principal Holdings I Sponsor LLC ("Sponsor"), and are now held by CC following a pro rata distribution for no consideration from the Sponsor of which CC is a member. No shares were sold in connection with this transaction. The reporting person controls CC and is therefore deemed to be the beneficial owner of such securities. The reporting person disclaims beneficial ownership of the securities reported herein except to the extent of its respective pecuniary interest therein and the filing of this Form 4 shall not be construed as an admission that such reporting person is the beneficial owner of any securities covered by this Form 4.
F4 The reported securities are held by CC Capital Holdings LP ("CC Holdings"). The reporting person controls CC Holdings and is therefore deemed to be the beneficial owner of such securities. The reporting person disclaims beneficial ownership of the securities reported herein except to the extent of its respective pecuniary interest therein and the filing of this Form 4 shall not be construed as an admission that such reporting person is the beneficial owner of any securities covered by this Form 4.