Warburg Pincus (Bermuda) Private Equity GP Ltd. 4
4 · Warburg Pincus Capital Corp I-B · Filed Jun 22, 2021
Insider Transaction Report
Form 4
Warburg Pincus Capital Corp I-B Sponsor, L.P.
Director10% Owner
Transactions
- Sale
Class B ordinary shares
2021-06-22$0.00/sh−35,000$70→ 13,648,750 total→ Class A ordinary shares (35,000 underlying)
Footnotes (2)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-253212) under the heading "Description of Securities -- Founder Shares", the Class B shares will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F2]The reporting person is controlled by Warburg Pincus Capital Corporation GP LLC ("GP"), its general partner. Warburg Pincus Partners II (Cayman), L.P. ("LP") is the managing member of GP and may be deemed to have or share beneficial ownership of the Class B Shares. Warburg Pincus (Bermuda) Private Equity GP Ltd. is the general partner of LP and may be deemed to have or share beneficial ownership of the Class B Shares.