Belong Acquisition Sponsor, LLC - Jul 22, 2021 Form 3 Insider Report for Belong Acquisition Corp. (BLNG)

Role
10%+ Owner
Signature
/s/ Jennifer Deason, Manager
Stock symbol
BLNG
Transactions as of
Jul 22, 2021
Transactions value $
$0
Form type
3
Date filed
7/22/2021, 07:33 PM
Next filing
Sep 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BLNG Class A common shares 550K Jul 22, 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 BLNG Class B common shares Jul 22, 2021 Class A common shares 4.45M Direct F2, F3
holding BLNG Warrants Jul 22, 2021 Class A common shares 275K $11.50 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares underlie 550,000 units of the issuer that the reporting person has irrevocably committed to purchase.
F2 The Class B common shares will automatically convert into Class A common shares at the time of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents and have no expiration date.
F3 Includes up to 562,500 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option.
F4 The warrants will become exercisable at the later of 30 days after the consummation of the issuer's initial business combination or 12 months from the completion of the issuer's initial public offering.
F5 The warrants will expire five years after the consummation of the issuer's initial business combination or earlier upon redemption of all of the issuer's outstanding Class A common shares or the issuer's liquidation.
F6 These warrants underlie 550,000 units of the issuer that the reporting person has irrevocably committed to purchase.