George Arison - Jul 27, 2021 Form 4 Insider Report for Belong Acquisition Corp. (BLNG)

Role: Director
Signature: /s/ Peter Saldarriaga, as attorney-in-fact
Stock symbol: BLNG
Transactions as of: Jul 27, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/28/2021, 06:02 PM
Previous filing: Jul 22, 2021
Next filing: Oct 15, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BLNG	Class A common shares	Purchase		+11K			11K	Jul 27, 2021	By Belong Acquisition Sponsor, LLC	F1, F2

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	BLNG	Class B common shares	Other		+260K			260K	Jul 27, 2021	Class A common shares	260K		By Belong Acquisition Sponsor, LLC	F2, F3, F4, F5, F6
transaction	BLNG	Warrants	Purchase		+5.5K			5.5K	Jul 27, 2021	Class A common shares	5.5K	$11.50	By Belong Acquisition Sponsor, LLC	F1, F2, F6, F7, F8, F9

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

Explanation of Responses:

Id	Content
F1	These securities are included within 11,000 units of the issuer held by Belong Acquisition Sponsor, LLC and purchased for $10.00 per unit. Each unit consists of one share of the issuer's Class A common stock and one-half of one warrant.
F2	These securities are held directly by the issuer's sponsor, Belong Acquisition Sponsor, LLC.
F3	The shares of Class B common stock will automatically convert into shares of Class A common stock 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.
F4	Allocated to the reporting person for his participation in the issuer's private placement of units and his service on the issuer's board of directors.
F5	Includes up to 46,687 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.
F6	The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
F7	These warrants underlie 11,000 units of the issuer held by Belong Acquisition Sponsor, LLC.
F8	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.
F9	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.