Marcus Choo Yeow Ngoh - Aug 11, 2021 Form 3 Insider Report for PHP Ventures Acquisition Corp. (PPHP)

Signature
/s/ Marcus Choo Yeow Ngoh, by Nelson Mullins Riley & Scarborough LLP with Power of Attorney
Stock symbol
PPHP
Transactions as of
Aug 11, 2021
Transactions value $
$0
Form type
3
Date filed
8/11/2021, 06:01 PM

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
holding PPHP Class B Common Stock Aug 11, 2021 Class A Common Stock 20K Direct F1
holding PPHP Class B Common Stock Aug 11, 2021 Class A Common Stock 1.44M See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class B common stock have no expiration date and will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment as set forth in the issuer's registration statement on Form S-1 (File No. 333-256840).
F2 Includes up to 187,500 shares subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised, if at all.
F3 The securities are held directly by Global Link Investment LLC, the sponsor of the issuer (the "Sponsor"). The reporting person is a manager of the Sponsor and may be deemed to beneficially own shares held by the Sponsor by virtue of his control over the Sponsor. The reporting person disclaims beneficial ownership of the shares of the issuer's Class B common stock held by the Sponsor, except to the extent of his pecuniary interest.