Thomas Olivier - Aug 26, 2024 Form 4 Insider Report for iLearningEngines, Inc. (AILE)

Role: Director
Signature: By /s/ David Samuels, Attorney-in-Fact
Stock symbol: AILE
Transactions as of: Aug 26, 2024
Transactions value $: $0
Form type: 4
Date filed: 9/3/2024, 09:09 PM
Previous filing: Apr 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AILE	Common Stock	Other	$0	-1.3M	-18.6%	$0.00	5.7M	Aug 26, 2024	By Arrowroot Acquisition LLC	F1, F2

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

Explanation of Responses:

Id	Content
F1	On August 26, 2024, Arrowroot Acquisition LLC ("Sponsor") distributed 1,303,127 shares of common stock of the Issuer to its members with no consideration being paid in connection therewith.
F2	The securities reported herein are held by the Sponsor. The Reporting Person is a manager of the Sponsor, and as such has voting and investment discretion with respect to the securities held by the Sponsor and may be deemed to have beneficial ownership of the securities held directly by the Sponsor. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

Content

On August 26, 2024, Arrowroot Acquisition LLC ("Sponsor") distributed 1,303,127 shares of common stock of the Issuer to its members with no consideration being paid in connection therewith.

The securities reported herein are held by the Sponsor. The Reporting Person is a manager of the Sponsor, and as such has voting and investment discretion with respect to the securities held by the Sponsor and may be deemed to have beneficial ownership of the securities held directly by the Sponsor. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.