Belong Acquisition Sponsor, LLC - 06 Sep 2021 Form 4 Insider Report for Belong Acquisition Corp.

Role
10%+ Owner
Signature
/s/ Peter Saldarriaga, Manager
Issuer symbol
N/A
Transactions as of
06 Sep 2021
Net transactions value
$0
Form type
4
Filing time
07 Sep 2021, 16:32:43 UTC
Previous filing
22 Jul 2021
SEC
View on sec.gov

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 stock Other -562,500 -13% 3,887,500 06 Sep 2021 Class A common stock 562,500 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Forfeiture and cancellation of shares of Class B common stock for no consideration because the underwriters' over-allotment option was not exercised.