New Providence Acquisition II LLC - May 5, 2023 Form 4 Insider Report for New Providence Acquisition Corp. II (NPAB)

Role: 10%+ Owner
Signature: /s/ Gary P. Smith, as Authorized Signatory
Stock symbol: NPAB
Transactions as of: May 5, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/22/2023, 05:01 PM
Previous filing: Dec 21, 2021
Next filing: Jul 31, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NPAB	Class A ordinary shares	Conversion of derivative security		+3M			3M	May 5, 2023	Direct	F1

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	NPAB	Class B ordinary shares	Conversion of derivative security		-3M	-48.39%		3.2M	May 5, 2023	Class A ordinary shares	3M		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 (File No. 333-253337) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock, par value $0.0001 per share, will automatically convert into shares of Class A common stock, par value $0.0001 per share, of the issuer 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 adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. On May 5, 2023, the reporting person elected to convert 3,000,000 of its Class B common stock into shares of Class A common stock.
F2	Alexander Coleman and Gary P. Smith are the directors of the reporting person, and as such have voting and investment discretion with respect to the securities held by the reporting person and may be deemed to have shared beneficial ownership of securities held directly by the reporting person. The business address of each of these individuals is c/o New Providence Acquisition Corp. II, 10900 Research Blvd, Suite 160C, PMB 1081, Austin, TX 78759.

Content

As described in the issuer's registration statement on Form S-1 (File No. 333-253337) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock, par value $0.0001 per share, will automatically convert into shares of Class A common stock, par value $0.0001 per share, of the issuer 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 adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. On May 5, 2023, the reporting person elected to convert 3,000,000 of its Class B common stock into shares of Class A common stock.

Alexander Coleman and Gary P. Smith are the directors of the reporting person, and as such have voting and investment discretion with respect to the securities held by the reporting person and may be deemed to have shared beneficial ownership of securities held directly by the reporting person. The business address of each of these individuals is c/o New Providence Acquisition Corp. II, 10900 Research Blvd, Suite 160C, PMB 1081, Austin, TX 78759.