Investment & Development Finance Corp. - Aug 31, 2022 Form 4 Insider Report for AutoWeb, Inc. (AUTO)

Role: 10%+ Owner
Signature: /s/ Miguel Fernandez Bianchi
Stock symbol: AUTO
Transactions as of: Aug 31, 2022
Transactions value $: -$1,210,057
Form type: 4
Date filed: 9/14/2022, 08:00 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AUTO	Common Stock	Other	-$1.21M	-3.1M	-100%	$0.39	0	Aug 31, 2022	See footnote.	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Investment & Development Finance Corp. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The Reporting Person tendered all of the Reporting Person's shares of Common Stock for, or at the effective time of the Merger Agreement (as defined below) the Reporting Person's shares of Common Stock were converted into the right to receive, a purchase price of $0.39 per share in cash to Unity AC 2, Inc. ("Purchaser"), a wholly-owned subsidiary of Unity AC 1, LLC ("Parent"), pursuant to the terms of that certain Agreement and Plan of Merger, dated July 24, 2022, by and among the Issuer, Purchaser and Parent. (the "Merger Agreement").
F2	The total number of securities were held as a voting group pursuant to that certain Schedule 13D (as amended) filed with the SEC by: (i) Auto Holdings Ltd., a British Virgin Islands company; (ii) P F Auto, Inc. a British Virgin Islands company; (iii) Ceiba International Corp.; (iv) Jose Vargas; (v) Galeb3 Inc.; (vi) Matias de Tezanos; (vii) Manatee Ventures Inc.; (viii) John Peter Klose de Ojeda; (ix) Richard Aitkenhead Castillo; (x) the Reporting Person., (xi) IDC Financial, S.A.; (xii) Juan Christian Klose Pieters; (xiii) Margarita Klose; (xiv) Jorge Miguel Fernandez Bianchi; (xv) P F Holdings, Inc.; and (xvi) People F, Inc..

Content

The Reporting Person tendered all of the Reporting Person's shares of Common Stock for, or at the effective time of the Merger Agreement (as defined below) the Reporting Person's shares of Common Stock were converted into the right to receive, a purchase price of $0.39 per share in cash to Unity AC 2, Inc. ("Purchaser"), a wholly-owned subsidiary of Unity AC 1, LLC ("Parent"), pursuant to the terms of that certain Agreement and Plan of Merger, dated July 24, 2022, by and among the Issuer, Purchaser and Parent. (the "Merger Agreement").

The total number of securities were held as a voting group pursuant to that certain Schedule 13D (as amended) filed with the SEC by: (i) Auto Holdings Ltd., a British Virgin Islands company; (ii) P F Auto, Inc. a British Virgin Islands company; (iii) Ceiba International Corp.; (iv) Jose Vargas; (v) Galeb3 Inc.; (vi) Matias de Tezanos; (vii) Manatee Ventures Inc.; (viii) John Peter Klose de Ojeda; (ix) Richard Aitkenhead Castillo; (x) the Reporting Person., (xi) IDC Financial, S.A.; (xii) Juan Christian Klose Pieters; (xiii) Margarita Klose; (xiv) Jorge Miguel Fernandez Bianchi; (xv) P F Holdings, Inc.; and (xvi) People F, Inc..