4//SEC Filing
Ahmad Shahraab 4
Accession 0000899243-22-002472
CIK 0001893219other
Filed
Jan 18, 7:00 PM ET
Accepted
Jan 19, 6:06 PM ET
Size
11.2 KB
Accession
0000899243-22-002472
Insider Transaction Report
Form 4
Ahmad Shahraab
DirectorChaiman and CEO
Transactions
- Other
Series B Common Stock, par value $0.0001 per share
2022-01-19−50,000→ 7,203,750 total(indirect: See Footnote)→ Series A Common Stock, par value $0.0001 per share (50,000 underlying) - Other
Series B Common Stock, par value $0.0001 per share
2022-01-19−3,750→ 7,200,000 total(indirect: See Footnote)→ Series A Common Stock, par value $0.0001 per share (3,750 underlying)
Transactions
- Other
Series B Common Stock, par value $0.0001 per share
2022-01-19−50,000→ 7,203,750 total(indirect: See Footnote)→ Series A Common Stock, par value $0.0001 per share (50,000 underlying) - Other
Series B Common Stock, par value $0.0001 per share
2022-01-19−3,750→ 7,200,000 total(indirect: See Footnote)→ Series A Common Stock, par value $0.0001 per share (3,750 underlying)
Footnotes (4)
- [F1]The Series B common stock are convertible into the Issuer's Series A common stock on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, as described under the heading "Description of Securities-Common Stock" in the Issuer's registration statement on Form S-1 (File No. 333-261459) (the "Registration Statement") and have no expiration date.
- [F2]Atlantic Coastal Acquisition Management II LLC is the record holder of the securities reported herein. Shahraab Ahmad is the sole and managing member of Atlantic Coastal Acquisition Management II LLC and shares voting and investment discretion with respect to the securities held of record by Atlantic Coastal Acquisition Management II LLC. Mr. Ahmad disclaims any beneficial ownership of the securities held by Atlantic Coastal Acquisition Management II LLC.
- [F3]As contemplated in connection with services provided by Apeiron Investment Group ("Apeiron") as an advisor to the Issuer and as described in the Registration Statement, 50,000 shares of Series B common stock were transferred by Atlantic Coastal Acquisition Management II LLC to Apeiron.
- [F4]As contemplated in connection with the initial public offering of the Issuer, 3,750 shares of Series B common stock were returned by Atlantic Coastal Acquisition Management II LLC to the Issuer for no consideration and cancelled because the underwriters' over-allotment option was partially exercised and the remaining portion of the option would not be exercised by the underwriters.
Documents
Issuer
Atlantic Coastal Acquisition Corp. II
CIK 0001893219
Entity typeother
Related Parties
1- filerCIK 0001848131
Filing Metadata
- Form type
- 4
- Filed
- Jan 18, 7:00 PM ET
- Accepted
- Jan 19, 6:06 PM ET
- Size
- 11.2 KB