Charles Ratelband - May 6, 2022 Form 4 Insider Report for ClimateRock (CLRC)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Charles Ratelband V
Stock symbol
CLRC
Transactions as of
May 6, 2022
Transactions value $
$0
Form type
4
Date filed
5/6/2022, 05:16 PM
Previous filing
Apr 27, 2022
Next filing
Apr 11, 2023
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
transaction CLRC Class B Ordinary Shares Other $0 -188K -8.7% $0.00 1.97M May 6, 2022 Class A Ordinary Shares 188K See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment. The Class B ordinary shares have no expiration date.
F2 As contemplated in connection with the initial public offering of the Issuer, 187,500 Class B ordinary shares of the Issuer were returned by the reporting person to the Issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full.
F3 U.N. SDG Support LLC ("Sponsor") is the record holder of the securities reported herein. Charles Ratelband V is the managing member of the Sponsor and may be deemed to have beneficial ownership of the securities held of record by Sponsor. Mr. Ratelband V disclaims any such beneficial ownership except to the extent of his pecuniary interest therein.