Joanna Lord - Apr 18, 2023 Form 4 Insider Report for Atlantic Coastal Acquisition Corp. II (ACAB)

Role
Director
Signature
By: /s/ Joanna Lord
Stock symbol
ACAB
Transactions as of
Apr 18, 2023
Transactions value $
$0
Form type
4
Date filed
4/19/2023, 04:05 PM
Previous filing
Mar 6, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACAB Series A Common Stock, par value $0.0001 per share Options Exercise +50K 50K Apr 18, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ACAB Series B Common Stock, par value $0.0001 per share Options Exercise -50K -100% 0 Apr 18, 2023 Series A Common Stock, par value $0.0001 per share 50K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 18, 2023 the Reporting Person elected to exercise their right to convert 50,000 shares of Series B Common Stock into 50,000 shares of Series A Common Stock.
F2 The Series B Common Stock are convertible into the Issuer's Series 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. 333-261459) and the Issuer's DEF 14A filed March 20th, 2023 and have no expiration date.