4//SEC Filing
Ahmad Shahraab 4
Accession 0001104659-23-028999
CIK 0001836274other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 4:06 PM ET
Size
9.9 KB
Accession
0001104659-23-028999
Insider Transaction Report
Form 4
Ahmad Shahraab
DirectorChairman and CEO10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock, par value $0.0001 per share
2023-03-02+8,424,999→ 8,424,999 total(indirect: See Footnote) - Exercise/Conversion
Class B Common Stock, par value $0.0001 per share
2023-03-02−8,424,999→ 1 total(indirect: See Footnote)→ Class A Common Stock, par value $0.0001 per share (8,424,999 underlying)
Transactions
- Exercise/Conversion
Class A Common Stock, par value $0.0001 per share
2023-03-02+8,424,999→ 8,424,999 total(indirect: See Footnote) - Exercise/Conversion
Class B Common Stock, par value $0.0001 per share
2023-03-02−8,424,999→ 1 total(indirect: See Footnote)→ Class A Common Stock, par value $0.0001 per share (8,424,999 underlying)
Footnotes (3)
- [F1]On March 2, 2023 the Reporting Persons elected to exercise their right to convert 8,424,999 shares of Class B Common Stock into 8,424,999 shares of Class A Common Stock.
- [F2]Atlantic Coastal Acquisition Management LLC is the record holder of the securities reported herein. Shahraab Ahmad is the managing member of Atlantic Coastal Acquisition Management LLC and has sole voting and investment discretion with respect to the securities held of record by Atlantic Coastal Acquisition Management LLC. Mr. Ahmad disclaims any beneficial ownership of the securities held by Atlantic Coastal Acquisition Management LLC.
- [F3]The Class B Common Stock are convertible into the Issuer's Class 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. 333-253003) and the Issuer's DEF 14A filed February 14th, 2023 and have no expiration date.
Documents
Issuer
Atlantic Coastal Acquisition Corp.
CIK 0001836274
Entity typeother
Related Parties
1- filerCIK 0001848131
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 4:06 PM ET
- Size
- 9.9 KB