Paresh D. patel - Nov 15, 2022 Form 4 Insider Report for Natural Order Acquisition Corp. (NOAC)

Role
President & CEO, Director, 10%+ Owner
Signature
/s/ Paresh D. Patel
Stock symbol
NOAC
Transactions as of
Nov 15, 2022
Transactions value $
-$5,147,442
Form type
4
Date filed
11/23/2022, 05:49 PM
Previous filing
Jan 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOAC Common stock Disposed to Issuer -$111K -11K -100% $10.07 0 Nov 15, 2022 See Footnote F1, F2
transaction NOAC Common stock Disposed to Issuer -$5.04M -500K -100% $10.07 0 Nov 15, 2022 See Footnote F1, F3
transaction NOAC Common stock Sale -$88 -25K -0.44% $0.00* 5.62M Nov 18, 2022 See Footnote F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock that were redeemed by the Issuer at per-share redemption price of $10.07309428 due to its inability to consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation.
F2 The securities were held by the Reporting Person's children.
F3 The securities were held by the Reporting Person's spouse.
F4 Represents shares of common stock held by Natural Order Sponsor LLC, over which the Reporting Person shares voting and dispositive power.
F5 On November 18, 2022, Natural Order Sponsor LLC transferred 25,000 shares of common stock of the Issuer to Jennifer Stojkovic for an aggregate $86.96 ($0.0034783 per share) in connection with her previous appointment as a director of the Issuer.