Lei Xu - 14 Mar 2023 Form 4 Insider Report for Feutune Light Acquisition Corp (AIEV)

Role
President and Chairwoman, Director
Signature
/s/ Lei Xu
Issuer symbol
AIEV
Transactions as of
14 Mar 2023
Net transactions value
-$265
Form type
4
Filing time
16 Mar 2023, 17:11:48 UTC
Previous filing
12 Jan 2023
Next filing
25 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLFV Class B Common Stock Sale $265 -26,010 -17% $0.0102 126,990 14 Mar 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Class B common stock will automatically convert into Class A common stock on one-for-one basis, subject to certain adjustments as provided in the amended and restated certificate of incorporation of Feutune Light Acquisition Corporation (the "Issuer") upon the consummation of an initial business combination
F2 Representing 26,010 shares of Class B Common Stock that Dr. Xu transferred to Feutune Light Sponsor LLC (the "Sponsor") pursuant to certain securities transfer agreement dated March 14, 2023 among Sponsor and certain initial stockholders of the Issuer
F3 Including (i) 153,000 shares if Class B Common Stock that Dr. Xu acquired from the Sponsor, pursuant to a securities transfer agreement dated June 15, 2022, among Sponsor and certain initial stockholders of the Issuer, and (ii) 23,970 shares of Class B Common Stock that Dr. Xu transferred to the Sponsor pursuant to certain securities transfer agreement dated March 14, 2023 among Sponsor and certain initial stockholders of the Issuer, as disclosed in footnote 2.