4//SEC Filing
CC Neuberger Principal Holdings I Sponsor LLC 4
Accession 0001104659-21-016106
CIK 0001800347other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 8:16 PM ET
Size
13.8 KB
Accession
0001104659-21-016106
Insider Transaction Report
Form 4
Transactions
- Other
Warrants to purchase Class A common stock
2021-02-04$1.00/sh+10,280,000$10,280,000→ 10,280,000 totalExercise: $11.50→ Class A Common Stock (10,280,000 underlying) - Other
Class A common stock
2021-02-04+12,766,286→ 12,766,286 total - Other
Class B ordinary shares
2021-02-04−15,250,000→ 0 total→ Class A Ordinary Shares (15,250,000 underlying) - Other
Series B-1 common stock
2021-02-04+2,483,714→ 2,483,714 total→ Class A Common Stock (2,483,714 underlying)
Footnotes (3)
- [F1]In connection with the Business Combination Agreement, dated October 14, 2020, by and among CC Neuberger Principal Holdings I ("CCNB1"), E2open Holdings, LLC ("E2open Holdings"), and the other parties thereto (the transactions contemplated thereby, the "Business Combination"), CCNB1 domesticated as a Delaware corporation (the "Domestication") and changed its name to "E2open Parent Holdings, Inc." ("E2open"). In connection with the Domestication, the Reporting Person's Class B ordinary shares, par value $0.0001 per share, of CCNB1, which were previously convertible into Class A ordinary shares of CCNB1, were automatically converted into shares of Class A common stock of E2open, par value $0.0001 per share, on a one-for-one basis, other than 2,483,714 Class A ordinary shares that automatically converted into shares of Series B-1 common stock of E2open, par value $0.0001 per share, on a one-for-one basis.
- [F2]Shares of Series B-1 common stock convert into shares of Class A common stock on a on a one-for-one basis upon the five-day volume weighted average trading price of the Class A common stock exceeding $13.50 per share. Any shares of Series B-1 common stock that have not converted into shares of Class A Common Stock by the tenth anniversary of the closing of the Business Combination shall be automatically cancelled.
- [F3]Pursuant to the Private Placement Warrant Purchase Agreement, dated as of April 23, 2020, by and between CCNB1 and the Sponsor, the Sponsor purchased warrants to purchase Class A ordinary shares, which following the Domestication entitle the Sponsor to purchase shares of Class A common stock of E2open (the "Private Placement Warrants") for a price of $1.00 per Private Placement Warrant. Upon consummation of the Business Combination, the Private Placement Warrants became exercisable, beginning 30 days after the closing of the Business Combination, for one share of Class A common stock at a price of $11.50 per share. The Private Placement Warrants expire on the fifth anniversary of the consummation of the Business Combination.
Documents
Issuer
CC Neuberger Principal Holdings I
CIK 0001800347
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001808207
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 8:16 PM ET
- Size
- 13.8 KB