Charles Ratelband - Mar 31, 2023 Form 4 Insider Report for ClimateRock (CLRC)

Role: Executive Chairman, Director, 10%+ Owner
Signature: /s/ Charles Ratelband, Authorized Signatory for U.N. SDG Support LLC
Stock symbol: CLRC
Transactions as of: Mar 31, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/11/2023, 09:52 PM
Previous filing: May 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLRC	Class A Ordinary Shares	Conversion of derivative security		+1.97M			1.97M	Mar 31, 2023	See footnote	F1, F2

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	CLRC	Class B Ordinary Shares	Conversion of derivative security		-1.97M	-100%		1	Mar 31, 2023	Class A Ordinary Shares	1.97M		See footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Class B ordinary shares, par value $0.0001 per share ("Class B Ordinary Shares"), of the issuer are convertible into an equal number of Class A ordinary shares, par value $0.0001 per share ("Class A Ordinary Shares"), of the issuer and have no expiration date. On March 31, 2023, the reporting person elected to convert 1,968,749 of its Class B Ordinary Shares into shares of Class A Ordinary Shares.
F2	The securities reported herein are held of record by U.N. SDG Support LLC (the "Sponsor"). Charles Ratelband, a director and executive chairman of the issuer, is the managing member of the Sponsor and has voting and investment discretion with respect to the securities held by the Sponsor. As such, Mr. Ratelband may be deemed to possess beneficial ownership of the securities held directly by the Sponsor. Mr. Ratelband disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Content

Class B ordinary shares, par value $0.0001 per share ("Class B Ordinary Shares"), of the issuer are convertible into an equal number of Class A ordinary shares, par value $0.0001 per share ("Class A Ordinary Shares"), of the issuer and have no expiration date. On March 31, 2023, the reporting person elected to convert 1,968,749 of its Class B Ordinary Shares into shares of Class A Ordinary Shares.

The securities reported herein are held of record by U.N. SDG Support LLC (the "Sponsor"). Charles Ratelband, a director and executive chairman of the issuer, is the managing member of the Sponsor and has voting and investment discretion with respect to the securities held by the Sponsor. As such, Mr. Ratelband may be deemed to possess beneficial ownership of the securities held directly by the Sponsor. Mr. Ratelband disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.