Eva Harris - 08 Jun 2021 Form 4 Insider Report for E2open Parent Holdings, Inc. (ETWO)

Role: Director
Signature: /s/ Douglas Newton by Power of Attorney
Issuer symbol: ETWO
Transactions as of: 08 Jun 2021
Transactions value $: $0
Form type: 4
Filing time: 10 Jun 2021, 19:11:55 UTC
Previous filing: 25 May 2021
Next filing: 12 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ETWO	Class A Common Stock	Conversion of derivative security		+8.14K	+13.62%		67.9K	08 Jun 2021	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	ETWO	Series B-1 Common Stock	Conversion of derivative security	$0	-8.14K	-100%	$0.00^*	0	08 Jun 2021	Class A Common Stock	8.14K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Series B-1 common stock represent unvested, non-voting restricted common stock of the Issuer. Each share of Series B-1 common stock 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 Third Amended and Restated Limited Liability Company Agreement of E2open Holdings (the "LLC Agreement"). Upon vesting, each share of Series B-1 common stock will convert automatically into one share of Class A common stock. On June 8, 2021, the 5-day volume weighted average price of the Class A common stock was equal to at least $13.50, resulting in the automatic conversion of the shares into Class A Common Stock.

Content

The Series B-1 common stock represent unvested, non-voting restricted common stock of the Issuer. Each share of Series B-1 common stock 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 Third Amended and Restated Limited Liability Company Agreement of E2open Holdings (the "LLC Agreement"). Upon vesting, each share of Series B-1 common stock will convert automatically into one share of Class A common stock. On June 8, 2021, the 5-day volume weighted average price of the Class A common stock was equal to at least $13.50, resulting in the automatic conversion of the shares into Class A Common Stock.