4//SEC Filing
BERENSON JEFFREY L 4
Accession 0000899243-23-008383
CIK 0001869673other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 4:00 PM ET
Size
8.4 KB
Accession
0000899243-23-008383
Insider Transaction Report
Form 4
BERENSON JEFFREY L
Director10% Owner
Transactions
- Conversion
Class A common stock
2023-03-10+2,980,000→ 2,980,000 total(indirect: See footnotes) - Conversion
Class B common stock
2023-03-10−2,980,000→ 1,900,341 total(indirect: See footnotes)→ Class A common stock (2,980,000 underlying)
Footnotes (2)
- [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, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-259470) (the "Registration Statement"). On March 10, 2023, Berenson SPAC Holdings I, LLC (the "Sponsor") exercised its right to convert 2,980,000 shares of Class B common stock held into 2,980,000 shares of Class A common stock on a one-for-one basis.
- [F2]The securities are held directly by the Sponsor. Jefferey Berenson, the Issuer's Chairman of the Board of Directors, controls BAC Brigade Holdings, LLC, the managing member of the Sponsor. Accordingly, Mr. Berenson may be deemed to beneficially own such securities. Certain of the Issuer's other officers, directly or indirectly own membership interests in the Sponsor and, as a result thereof, hold direct or indirect economic interests in the Sponsor and pecuniary interests in certain of the securities held by the Sponsor. Each of Mr. Berenson and such other officers disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Documents
Issuer
Berenson Acquisition Corp. I
CIK 0001869673
Entity typeother
Related Parties
1- filerCIK 0001124201
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 4:00 PM ET
- Size
- 8.4 KB