Continental Grain Co - Jul 24, 2023 Form 4 Insider Report for GreenLight Biosciences Holdings, PBC (GRNA)

Signature
Continental Grain Company, /s/ David Dryerman, SVP - Finance and Treasurer
Stock symbol
GRNA
Transactions as of
Jul 24, 2023
Transactions value $
$0
Form type
4
Date filed
7/26/2023, 04:02 PM
Previous filing
Jun 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRNA Greenlight Biosciences common stock Other -6.49M -100% 0 Jul 24, 2023 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Continental Grain Co is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On July 24, 2023, pursuant to the Contribution and Exchange Agreement between the Reporting Persons and SW ParentCo, Inc. ("Parent"), the Reporting Persons disposed of all previously reported shares of Common Stock in exchange for shares of Series A-2 Preferred Stock, par value $0.001 per share, of Parent in connection with the closing of the transactions contemplated by the Agreement and Plan of Merger among Issuer, Parent and SW MergerCo, Inc. ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer, and the Reporting Persons ceased to beneficially own shares of Common Stock.
F2 Prior to the reported transactions, Continental Grain Company ("Continental Grain") directly held 2,387,044 shares of Common Stock and Conti Greenlight Investors, L.P. ("Conti Greenlight Investors") directly held 4,102,198 shares of Greenlight Biosciences common stock ("Common Stock"). The general partner of Conti Greenlight Investors is Conti Greenlight, LLC ("Conti Greenlight"). The managing member of Conti Greenlight is Continental Grain. Accordingly, Continental Grain may be deemed to beneficially own the shares of Common Stock held directly by Conti Greenlight Investors. Each reporting person disclaims beneficial ownership of the reported securities, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.