4//SEC Filing
Janik Jarett 4
Accession 0001209191-21-039648
CIK 0001800347other
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 7:13 PM ET
Size
9.0 KB
Accession
0001209191-21-039648
Insider Transaction Report
Form 4
Janik Jarett
Chief Financial Officer
Transactions
- Conversion
Common Units
2021-06-08+42,352→ 220,670 total→ Class A Common Stock (42,352 underlying) - Conversion
Series 1 Restricted Common Units
2021-06-08−42,352→ 0 total→ Common Units (42,352 underlying)
Footnotes (2)
- [F1]These Series 1 Restricted Common Units represent unvested, non-voting restricted limited liability company interests in E2open Holdings subject to the terms of the LLC Agreement. Each Series 1 Restricted Common Unit vests on the first day on which the 5-day volume weighted average price of the Class A common stock is equal to at least $13.50, or upon certain change in control events specified in the LLC Agreement. Upon vesting, each Series 1 Restricted Common Unit will convert automatically into one Common Unit. On June 8, 2021, the 5-day volume weighted average price was greater than $13.50, resulting in the automatic conversion of the Series 1 Restricted Common Units into Common Units of E2open Holdings, LLC.
- [F2]These Common Units represent non-voting limited liability company interests in E2open Holdings subject to the terms of the Third Amended and Restated Limited Liability Company Agreement of E2open Holdings (the "LLC Agreement"). Beginning on August 4, 2021, these Common Units (together with the same number of shares of Class V common stock of the Issuer, which provide no economic rights in the Issuer but entitle the holder thereof to one vote per share of Class V common stock) may be exchanged at the discretion of the holder once per calendar quarter (subject to certain limitations set forth in the LLC Agreement) for shares of Class A common stock of the Issuer on a one-for-one basis (or the cash value thereof, at the election of the Issuer).
Documents
Issuer
E2open Parent Holdings, Inc.
CIK 0001800347
Entity typeother
Related Parties
1- filerCIK 0001842982
Filing Metadata
- Form type
- 4
- Filed
- Jun 9, 8:00 PM ET
- Accepted
- Jun 10, 7:13 PM ET
- Size
- 9.0 KB