Porrello Joseph A 4
4 · Benessere Capital Acquisition Corp. · Filed Apr 12, 2022
Insider Transaction Report
Form 4
Porrello Joseph A
Director
Transactions
- Other
Class B Common Stock
2022-04-08+2,500→ 2,500 total→ Class A Common Stock (2,500 underlying)
Footnotes (2)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-249814) (the "Registration Statement") under the heading "Description of Securities--Founder Shares and Placement Shares," the shares of Class B common stock, par value $0.0001 per share, will automatically be converted into shares of Class A common stock, par value $0.0001 per share, at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
- [F2]As contemplated in connection with the election of the Reporting Person as director of the issuer, 2,500 shares of Class B common stock were transferred by ARC Global Investments LLC (the "Sponsor") to the Reporting Person.