Narayanan Srinath 4/A
4/A · Project Energy Reimagined Acquisition Corp. · Filed Feb 11, 2022
Insider Transaction Report
Form 4/AAmended
Narayanan Srinath
DirectorChief Executive Officer10% Owner
Transactions
- Other
Class B Ordinary Shares
2021-12-12−593,085→ 5,272,698 total(indirect: See Footnote)→ Class A Ordinary Shares (593,085 underlying)
Footnotes (3)
- [F1]The Class B ordinary shares will automatically convert into Class A ordinary shares on the first business day following the consummation of the Issuer's initial business combination, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-254695) (the "Registration Statement") and have no expiration date.
- [F2]593,085 Class B ordinary shares were forfeited by Smilodon Capital, LLC (the "Sponsor") to the Issuer at no cost in connection with the expiration of the underwriters' over-allotment option, as described in the Registration Statement.
- [F3]The securities are held directly by the Sponsor. Admit Capital, LLC is the managing member of the Sponsor. Srinath Narayanan is the managing member of Admit Capital, LLC. Admit Capital, LLC and Srinath Narayanan may be deemed to share beneficial ownership of the Class B ordinary shares. Srinath Narayanan and Admit Capital, LLC each disclaims beneficial ownership of such shares except to the extent of his and its pecuniary interest therein.