Angel Pond Partners LLC - May 18, 2021 Form 4 Insider Report for Angel Pond Holdings Corp (POND)

Role: 10%+ Owner
Signature: Theodore T. Wang
Stock symbol: POND
Transactions as of: May 18, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/20/2021, 01:07 PM
Previous filing: May 11, 2021
Next filing: Jul 7, 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	POND	Class B Ordinary Shares	Other		-1.44M	-16.67%		7.19M	May 18, 2021	Class A Ordinary Shares	1.44M		Direct	F1

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

Explanation of Responses:

Id	Content
F1	On May 18, 2021, Angel Pond Partners LLC (the "Sponsor") forfeited for no consideration 1,437,500 Class B Ordinary Shares, par value $0.0001 per share (the "Class B Shares"), of Angel Pond Holdings Corp. (the "Issuer") in connection with a reduction of the number of shares issued in the Issuer's initial public offering. As described in the issuer's registration statement on Form S-1 (File No. 333-253990), as amended, under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001 per share, of the issuer will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of, or immediately following, the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments, and have no expiration date.

Content

On May 18, 2021, Angel Pond Partners LLC (the "Sponsor") forfeited for no consideration 1,437,500 Class B Ordinary Shares, par value $0.0001 per share (the "Class B Shares"), of Angel Pond Holdings Corp. (the "Issuer") in connection with a reduction of the number of shares issued in the Issuer's initial public offering. As described in the issuer's registration statement on Form S-1 (File No. 333-253990), as amended, under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001 per share, of the issuer will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of, or immediately following, the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments, and have no expiration date.