Douglas L. Maine - Sep 13, 2024 Form 3 Insider Report for VEEA INC. (VEEA)

Role
Director
Signature
/s/ Douglas L. Maine
Stock symbol
VEEA
Transactions as of
Sep 13, 2024
Transactions value $
$0
Form type
3
Date filed
9/23/2024, 08:58 PM
Previous filing
Jul 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VEEA Common Stock 24.9K Sep 13, 2024 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
holding VEEA Stock Options Sep 13, 2024 Common Stock 14.7K $2.75 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of the issuance by Veea Inc. (f/k/a Plum Acquisition Corp. I ("Plum")) (the "Issuer") on September 13, 2024, of 24,892 shares of common stock pursuant to the Business Combination Agreement dated as of November 27, 2023 (the "Business Combination Agreement"), among Issuer, Veea Inc., a Delaware corporation ("Private Veea"), and Plum SPAC Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Plum.
F2 Pursuant to the Business Combination Agreement, each Private Veea option was converted into an option to acquire a number of shares of Issuer common stock equal to the product of (i) the number of Private Veea shares subject to such option and (ii) the Existing Holder Exchange Ratio (as defined in the Business Combination Agreement).