Athena Technology Sponsor II, LLC - Dec 28, 2021 Form 4 Insider Report for Athena Technology Acquisition Corp. II (ATEK)

Role
10%+ Owner
Signature
/s/ Isabelle Freidheim Name: Isabelle Freidheim Title: Managing Member
Stock symbol
ATEK
Transactions as of
Dec 28, 2021
Transactions value $
$37,500
Form type
4
Date filed
1/3/2022, 03:25 PM
Previous filing
Dec 9, 2021
Next filing
Jun 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEK Class A Common Stock, par value $0.001 Purchase $37.5K +3.75K +0.39% $10.00 954K Dec 28, 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
transaction ATEK Class B common stock Other $0 -1.18M -11.74% $0.00 8.88M Dec 28, 2021 Class A common stock 1.18M Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 With the Underwriters' partial exercise of their over-allotment option, the Reporting Person purchased an additional 3,750 units of Athena Technology Acquisition Corp. II (the "Issuer") in a private placement. Each unit consists of one share of the Issuer's Class A common stock, par value $0.001 ("Common Stock"), and one-half of one redeemable warrant, as described under the heading "Description of Securities - Units - Private Placement Units" in the Issuer's registration statement on Form S-1 (File No. 333-261287).
F2 As described in the Issuer's registration statement on Form S-1 (File No. 333-261287) under the heading "Description of Securities - Common Stock - Founder Shares and Private Placement Shares", 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, subject to certain adjustments described therein and have no expiration date.
F3 As contemplated in connection with the initial public offering of the Issuer, 1,181,250 Class B common stock of the Issuer were forfeited by Athena Technology Sponsor II LLC (the "Sponsor") to the Issuer for no consideration and cancelled because the underwriters of the Issuer's initial public offering did not exercise their over-allotment option in full, as described in the Issuer's registration statement.