ENT4.0 Technology Sponsor LLC - Dec 2, 2021 Form 4 Insider Report for Enterprise 4.0 Technology Acquisition Corp (ENTF)

Role
10%+ Owner
Signature
ENT4.0 Technology Sponsor LLC By: /s/ Steven Fletcher, a Managing Member
Stock symbol
ENTF
Transactions as of
Dec 2, 2021
Transactions value $
$0
Form type
4
Date filed
2/25/2022, 06:06 AM
Previous filing
Oct 25, 2021

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 ENTF Class B ordinary shares Other $0 -3.75K -0.05% $0.00 7.5M Dec 2, 2021 Class A ordinary shares 7.5M 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 ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis. The Class B ordinary shares have no expiration date.
F2 As contemplated in connection with the initial public offering of the Issuer, 3,750 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 Sponsor is the record holder of the securities reported herein. Alex Vieux and Steven Fletcher are managing members of Sponsor and of Founder Holdings LLC, which is the managing member of Explorer Parent LLC, which is a member of Sponsor. By virtue of these relationships, each of these entities and individuals may be deemed to share beneficial ownership of the securities held of record by Sponsor. Each of them disclaims any such beneficial ownership except to the extent of their pecuniary interest therein.