Forbion Growth Sponsor FEAC I B.V. 3
3 · Forbion European Acquisition Corp. · Filed Dec 9, 2021
Insider Transaction Report
Form 3
Forbion Growth Sponsor FEAC I B.V.
10% Owner
Holdings
Class B Ordinary Shares
→ Class A Ordinary Shares (2,875,000 underlying)
Footnotes (5)
- [F1]Each Class B Ordinary Share will automatically convert into a Class A Ordinary Share at the time of the Issuer's initial business combination or earlier at the option of the reporting person as described in the section entitled "Description of Securities" of the Issuer's registration statement on Form S-1 (Reg. No. 333-261308).
- [F2]Includes 375,000 Class B Ordinary Shares which are subject to forfeiture for no consideration depending on the extent to which the underwriters in respect of the Issuer's initial public offering exercise their over-allotment option.
- [F3]Forbion Growth Sponsor FEAC I B.V. (the "Sponsor") is the record holder of the Class B Ordinary Shares reported herein. The Sponsor is controlled by a four-person board of managers comprised of Jasper Bos, Cyril Lesser, Sander Slootweg and Woulter Joustra (each, a "Manager"). All voting and dispositive decisions with respect to the shares held by the Sponsor are made by a majority vote of the Managers.
- [F4]Under the so-called "rule of three," if voting and dispositive decisions regarding an entity's securities are made by three or more individuals, and a voting or dispositive decision requires the approval of a majority of those individuals, none of the individuals is deemed a beneficial owner of the entity's securities. Accordingly, no Manager exercises voting or dispositive control over any of the shares held by the Sponsor, and thus none of the Managers will be deemed to have or share beneficial ownership of such shares.
- [F5]The Sponsor is a wholly-owned subsidiary of Forbion Growth Opportunities Fund I cooperatief U.A., which is a wholly owned subsidiary of Forbion Growth Opportunities Fund I C.V.