William Fradin - 28 Apr 2025 Form 4 Insider Report for Crane Harbor Acquisition Corp. (CHAC)

Signature
/s/ William Fradin
Issuer symbol
CHAC
Transactions as of
28 Apr 2025
Net transactions value
+$200,000
Form type
4
Filing time
29 Apr 2025, 17:45:31 UTC
Previous filing
29 Apr 2025
Next filing
15 Dec 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHAC Class A Ordinary Shares Award $200,000 +20,000 +5% $10.00 420,000 28 Apr 2025 By Crane Harbor Sponsor LLC 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 CHAC Class B Ordinary Shares Other -333,334 -4.3% 7,333,333 28 Apr 2025 Class A Ordinary Shares 333,334 By Crane Harbor Sponsor LLC F2, F3, F4, F5
transaction CHAC Rights to receive Class A Ordinary Shares Award +20,000 +5% 420,000 28 Apr 2025 Class A Ordinary Shares 2,000 By Crane Harbor Sponsor LLC F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares underlie 20,000 placement units of the issuer that Crane Harbor Sponsor LLC has purchased. Each placement unit consists of one Class A ordinary share and one right to receive one-tenth (1/10) of one Class A ordinary share.
F2 These shares are held directly by the issuer's sponsor, Crane Harbor Sponsor LLC, which is managed by the reporting person. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
F3 The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the issuer's initial business combination, or at any time and from time to time at the option of the holder, on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents, and have no expiration date.
F4 Forfeiture and cancellation of Class B ordinary shares for no consideration because the underwriters' over-allotment option was not fully exercised.
F5 The Class B ordinary shares were acquired pursuant to a securities subscription agreement by and between Crane Harbor Sponsor LLC and the issuer.
F6 Represents the 20,000 rights included in the placement units purchased by Crane Harbor Sponsor LLC. Each right will automatically convert into one-tenth (1/10) of one Class A ordinary share upon consummation of the issuer's initial business combination, subject to certain adjustments described in the issuer's charter documents, and has no expiration date. No fractional Class A ordinary shares will be issued upon conversion of such rights.