Tek Che Ng - Jan 20, 2022 Form 4 Insider Report for Technology & Telecommunication Acquisition Corp (TETE)

Signature
/s/ Tek Che Ng
Stock symbol
TETE
Transactions as of
Jan 20, 2022
Transactions value $
$5,325,000
Form type
4
Date filed
1/24/2022, 08:53 PM
Previous filing
Jan 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TETE Class A ordinary shares Purchase $5.33M +533K +18.52% $10.00 3.41M Jan 20, 2022 See footnote F1, F2

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
transaction TETE Warrants to purchase Common Stock Purchase +533K 533K Jan 20, 2022 Class A ordinary shares 533K $11.50 See footnote F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Owned by Technology & Telecommunication LLC, over which Tek Che Ng has voting and dispositive power. Mr. Ng disclaims beneficial ownership, except to the extent of any pecuniary interest therein.
F2 The reporting person acquired 532,500 units, at a purchase price of $10 per share, each unit consisting of one Class A ordinary share and one warrant to purchase one Class A ordinary share.
F3 The warrants become exercisable on the later of (i) the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering.
F4 The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.