Mohsin Y. Meghji - Apr 19, 2021 Form 4 Insider Report for M3-Brigade Acquisition II Corp. (MBAC)

Role
Executive Chairman of BOD, Director, 10%+ Owner
Signature
/s/ Mohsin Y. Meghji
Stock symbol
MBAC
Transactions as of
Apr 19, 2021
Transactions value $
$0
Form type
4
Date filed
3/29/2022, 04:04 PM
Next filing
Oct 21, 2021

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 MBAC Class B common stock Other $0 -1.5M -13.04% $0.00 10M Apr 19, 2021 Class A Common Stock 1.5M 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 As described in the Issuer's registration statement on Form S-1 (File No. 333-253132) under the heading "Description of Securities - Founder Shares," the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, or at any time prior thereto at the option of the holder, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
F2 On April 19, 2021, M3-Brigade Sponsor II LP (the "Sponsor) forfeited at no cost 1,500,000 shares of common stock, par value $0.0001 per share, in connection with the determination by the underwriters of the Issuer's initial public offering not to exercise in full the over-allotment option granted to them.
F3 The reported shares of the Issuer are directly held by the Sponsor. The general partner of the Sponsor is M3-Brigade Acquisition Partners II Corp. Mohsin Y. Meghji is the sole director of M3-Brigade Acquisition Partners II Corp. Mr. Meghji may be deemed to have beneficial ownership of the common stock held directly by the Sponsor.