Felipe MacLean - Jul 20, 2023 Form 4 Insider Report for Clover Leaf Capital Corp. (CLOE)

Role: CEO, Director, 10%+ Owner
Signature: /s/ Felipe MacLean
Stock symbol: CLOE
Transactions as of: Jul 20, 2023
Transactions value $: $0
Form type: 4
Date filed: 7/24/2023, 05:09 PM
Previous filing: Jul 30, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLOE	Class A Common Stock	Conversion of derivative security		+3.46M	+604.66%		4.03M	Jul 20, 2023	See footnote	F1, F2, F3

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	CLOE	Class B Common Stock	Conversion of derivative security		-3.46M	-100%		1	Jul 20, 2023	Class A Common Stock	3.46M		See footnote	F1, F3

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

Explanation of Responses:

Id	Content
F1	The shares of Class B common stock of the Issuer are convertible into shares of Class A common stock on a one-for-one basis. The Class B common stock has no expiration date. On July 20, 2023, the reporting person elected to convert 3,457,806 shares of Class B common stock held by it into 3,457,806 shares of Class A common stock.
F2	Includes 571,859 shares of Class A common stock underlying private placement units (each unit consisting of one share of Class A common stock and one right to receive one-eighth of one share of Class A common stock upon the consummation of an initial business combination) held by Yntegra Capital Investments, LLC (the "Sponsor"), acquired in connection with the Issuer's initial public offering.
F3	The Sponsor is the record holder of the securities reported herein. Yntegra Capital Management, LLC is the sole managing member of the Sponsor, and Mr. MacLean, the Chairman and Chief Executive Officer of the Issuer, is the sole manager of Yntegra Capital Management, LLC and has voting and dispositive control over these securities. By virtue of this relationship, each of Yntegra Capital Management, LLC and Mr. MacLean may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.