William Fradin - Apr 28, 2025 Form 4 Insider Report for Crane Harbor Acquisition Corp. (CHAC)

Signature
/s/ William Fradin
Stock symbol
CHAC
Transactions as of
Apr 28, 2025
Transactions value $
$200,000
Form type
4
Date filed
4/29/2025, 05:45 PM
Previous filing
Apr 29, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHAC Class A Ordinary Shares Award $200K +20K +5% $10.00 420K Apr 28, 2025 By Crane Harbor Sponsor LLC F1, F2

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 CHAC Class B Ordinary Shares Other -333K -4.35% 7.33M Apr 28, 2025 Class A Ordinary Shares 333K By Crane Harbor Sponsor LLC F2, F3, F4, F5
transaction CHAC Rights to receive Class A Ordinary Shares Award +20K +5% 420K Apr 28, 2025 Class A Ordinary Shares 2K By Crane Harbor Sponsor LLC F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares underlie 20,000 placement units of the issuer that Crane Harbor Sponsor LLC has purchased. Each placement unit consists of one Class A ordinary share and one right to receive one-tenth (1/10) of one Class A ordinary share.
F2 These shares are held directly by the issuer's sponsor, Crane Harbor Sponsor LLC, which is managed by the reporting person. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
F3 The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the issuer's initial business combination, or at any time and from time to time at the option of the holder, on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents, and have no expiration date.
F4 Forfeiture and cancellation of Class B ordinary shares for no consideration because the underwriters' over-allotment option was not fully exercised.
F5 The Class B ordinary shares were acquired pursuant to a securities subscription agreement by and between Crane Harbor Sponsor LLC and the issuer.
F6 Represents the 20,000 rights included in the placement units purchased by Crane Harbor Sponsor LLC. Each right will automatically convert into one-tenth (1/10) of one Class A ordinary share upon consummation of the issuer's initial business combination, subject to certain adjustments described in the issuer's charter documents, and has no expiration date. No fractional Class A ordinary shares will be issued upon conversion of such rights.