Dustin M. Shindo - 10 Apr 2022 Form 4/A - Amendment Insider Report for Pono Capital Corp

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Dustin Shindo, by Nelson Mullins Riley & Scarborough with Power of Attorney
Issuer symbol: N/A
Transactions as of: 10 Apr 2022
Net transactions value: +$1,725,000
Form type: 4/A - Amendment
Filing time: 14 Nov 2022, 15:50:00 UTC
Date Of Original Report: 14 Nov 2022
Previous filing: 10 Sep 2021
Next filing: 04 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AWINW	Class A Common Stock	Award	$1,150,000	+115,000		$10.00	115,000	10 Aug 2022	See footnote 3	F1, F3
transaction	AWINW	Class A Common Stock	Award	$575,000	+57,500	+50%	$10.00	172,500	09 Nov 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.