4//SEC Filing
Nabors Energy Transition Sponsor II LLC 4
Accession 0001104659-23-095977
CIK 0001975218other
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 4:07 PM ET
Size
7.4 KB
Accession
0001104659-23-095977
Insider Transaction Report
Form 4
Transactions
- Other
Class F Ordinary Shares
2023-08-27−1,000,000→ 7,525,000 total→ Class B Ordinary Shares (1,000,000 underlying)
Footnotes (3)
- [F1]The Class F Ordinary Shares are automatically convertible into the Issuer's Class B Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. Prior to and following the Issuer's initial business combination, the Class B Ordinary Shares will be convertible, at the option of the holder, into the Issuer's Class A Ordinary Shares.
- [F2]The Class F Ordinary Shares owned by Nabors Energy Transition Sponsor II LLC (the "Sponsor") included up to 1,125,000 Class F Ordinary Shares that were subject to forfeiture in the event the underwriters of the initial public offering of the Issuer's securities did not exercise their over-allotment option in full as described in the Issuer's Registration Statement on Form S-1 (File No. 333-272810). Because the underwriters exercised their over-allotment option in part, the Sponsor forfeited 1,000,000 Class F Ordinary Shares on August 27, 2023 for cancellation by the Issuer.
- [F3]The Sponsor is the record holder of the shares reported herein. The Sponsor is owned by Nabors Lux 2 S.a.r.l. and Greens Road Energy II LLC, a Cayman Islands limited liability company ("Greens Road"). Nabors Lux 2 S.a.r.l. is a wholly owned subsidiary of Nabors Industries Ltd., an affiliate of the Sponsor ("Nabors"). Mr. Petrello is the Chairman, President and Chief Executive Officer of Nabors. Greens Road is controlled by Anthony G. Petrello. As such, Nabors Lux 2 S.a.r.l., Greens Road and Anthony G. Petrello may be deemed to have or share beneficial ownership of the ordinary shares held directly by the Sponsor.
Documents
Issuer
Nabors Energy Transition Corp. II
CIK 0001975218
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001983349
Filing Metadata
- Form type
- 4
- Filed
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 4:07 PM ET
- Size
- 7.4 KB