EVe Mobility Sponsor LLC - Jan 13, 2022 Form 4 Insider Report for EVe Mobility Acquisition Corp (EVE)

Role
10%+ Owner
Signature
/s/ Scott Painter
Stock symbol
EVE
Transactions as of
Jan 13, 2022
Transactions value $
$0
Form type
4
Date filed
1/13/2022, 02:12 PM
Previous filing
Dec 16, 2021
Next filing
Feb 23, 2024

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 EVE Class B Ordinary Shares Other -100K -1.19% 8.33M Jan 13, 2022 Class A Ordinary Shares 100K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the issuer's Registration Statement on Form S-1, as amended (File No. 333-239716) (the "Form S-1") under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001 per share, of the issuer ("Class B Ordinary Shares") will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer ("Class A Ordinary Shares") at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustments, and have no expiration date.
F2 On December 17, 2022, the underwriters partially exercised the over-allotment option and purchased an additional 3,000,000 units from the issuer and forfeited the remainder of the option. On January 13, 2022, the reporting person forfeited 100,000 Class B Ordinary Shares to be cancelled for no consideration so that the remaining outstanding Class B Ordinary Shares represent 20% of the total outstanding ordinary shares of the issuer following the underwriters' partial exercise the over-allotment option.