Janice K. Smith - 13 Sep 2024 Form 3 Insider Report for VEEA INC. (VEEA)

Role: COO and Interim CFO
Signature: /s/ Janice K. Smith
Issuer symbol: VEEA
Transactions as of: 13 Sep 2024
Net transactions value: $0
Form type: 3
Filing time: 23 Sep 2024, 21:03:40 UTC
Next filing: 25 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	VEEA	Common Stock						58,645	13 Sep 2024	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	VEEA	Stock Options	13 Sep 2024	Common Stock	23,007	$0.0100	Direct	F2
holding	VEEA	Stock Options	13 Sep 2024	Common Stock	54,345	$3.01	Direct	F2
holding	VEEA	Stock Options	13 Sep 2024	Common Stock	18,013	$9.07	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 58,645 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).

Content

Consists of the issuance by Veea Inc. (f/k/a Plum Acquisition Corp. I ("Plum")) (the "Issuer") on September 13, 2024, of 58,645 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.

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).