Felipe MacLean - Jul 28, 2021 Form 4 Insider Report for Clover Leaf Capital Corp. (CLOE)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Felipe MacLean
Stock symbol
CLOE
Transactions as of
Jul 28, 2021
Transactions value $
$0
Form type
4
Date filed
7/30/2021, 04:46 PM
Previous filing
Jul 22, 2021
Next filing
Jul 24, 2023

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 CLOE Class B Common Stock Other $0 -136K -3.78% $0.00 3.46M Jul 28, 2021 Class A Common Stock 136K See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B common stock will automatically convert into Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis. The Class B common stock have no expiration date.
F2 As contemplated in connection with the initial public offering of the Issuer, 135,943 shares of Class B common stock of the Issuer were returned by the reporting person to the Issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full.
F3 Yntegra Capital Investments, LLC ("Sponsor") is the record holder of the securities reported herein. Felipe MacLean is the manager of the Sponsor and may be deemed to have beneficial ownership of the securities held of record by Sponsor. Mr. MacLean disclaims any such beneficial ownership except to the extent of his pecuniary interest therein.