Colin Crowther Richardson - Jun 25, 2024 Form 3 Insider Report for Nabors Energy Transition Corp. II (NETD)

Role
Director
Signature
/s/ Colin Crowther Richardson, by Michael Csizmadia as Attorney-in-Fact
Stock symbol
NETD
Transactions as of
Jun 25, 2024
Transactions value $
$0
Form type
3
Date filed
6/26/2024, 05:26 PM
SEC
View on sec.gov

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
holding NETD Class F Ordinary Shares Jun 25, 2024 Class B Ordinary Shares 50K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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. The Class F Ordinary Shares are subject to forfeiture under certain circumstances relating to the Reporting Person's service on the Issuer's Board of Directors. 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.

Remarks:

Exhibit List: 24.1 - Power of Attorney