Eric Chen - Jan 21, 2022 Form 4 Insider Report for AIB Acquisition Corp (AIB)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Eric Chen
Stock symbol
AIB
Transactions as of
Jan 21, 2022
Transactions value $
$3,456,250
Form type
4
Date filed
1/24/2022, 05:48 PM
Previous filing
Jan 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIB Class A Ordinary Shares, $.0001 par value Purchase $3.46M +346K $10.00 346K Jan 21, 2022 By AIB LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are underlying units (each unit consisting of one Class A ordinary share and one right entitling the holder to receive one tenth (1/10) of one Class A ordinary share) acquired by AIB LLC (the "Sponsor") pursuant to pursuant to a unit subscription agreement dated January 18, 2022 by and between the Sponsor and the issuer.
F2 The Reporting Person has voting and dispositive control over the securities held by the Sponsor. As such, the Reporting Person may be deemed to beneficially own of the shares of Class A ordinary shares held directly by the Sponsor.