Dustin Shindo - Apr 10, 2022 Form 4/A - Amendment Insider Report for Pono Capital Corp (AWINW)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Dustin Shindo, by Nelson Mullins Riley & Scarborough with Power of Attorney
Stock symbol
AWINW
Transactions as of
Apr 10, 2022
Transactions value $
$1,725,000
Form type
4/A - Amendment
Date filed
11/14/2022, 03:50 PM
Date Of Original Report
Nov 14, 2022
Previous filing
Sep 10, 2021
Next filing
Aug 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AWINW Class A Common Stock Award $1.15M +115K $10.00 115K Aug 10, 2022 See footnote 3 F1, F3
transaction AWINW Class A Common Stock Award $575K +57.5K +50% $10.00 173K Nov 9, 2022 See footnote 3 F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These represent shares of Class A common stock, par value $0.000001 per share (the "Class A Common Stock"), of Pono Capital Corp. (the "Issuer") underlying units acquired pursuant to a securities subscription agreement dated as of August 10, 2022, by and between the Issuer and Mehana Capital Corp. LLC ("Mehana Capital"). Under the securities subscription agreement, Mehana Capital purchased 115,000 placement units at a purchase price of $10.00 per placement unit. Each placement unit consists of one share of Class A Common Stock and three-quarters of one warrant, with each whole warrant entitling the holder to purchase one share of Class A common stock of the Company at an exercise price of $11.50 per share, contingent upon the occurrence of certain events as described in the prospectus for the Issuer's initial public offering.
F2 These represent shares of Class A Common Stock of the Issuer underlying placement units acquired pursuant to a securities subscription agreement dated as of November 9, 2022, by and between the Issuer and Mehana Capital. Under the securities subscription agreement, Mehana Capital purchased 57,500 placement units at a purchase price of $10.00 per placement unit. Each placement unit consists of one share of Class A Common Stock and three-quarters of one warrant, with each whole warrant entitling the holder to purchase one share of Class A common stock of the Company at an exercise price of $11.50 per share, contingent upon the occurrence of certain events as described in the prospectus for the Issuer's initial public offering.
F3 Mr. Shindo is the managing member of Mehana Capital, shares voting and dispositive control of the shares by Mehana Capital with other members, and may be deemed the beneficial owner of such shares. Mr. Shindo disclaims any beneficial ownership of the securities held by Mehana Capital other than to the exten of any pecuniary interest he may have therein, directly or indirectly.