Sec Form 4 Filing - Worldwide Webb Acquisition Sponsor, LLC @ Aeries Technology, Inc. - 2023-11-08

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Worldwide Webb Acquisition Sponsor, LLC
2. Issuer Name and Ticker or Trading Symbol
Aeries Technology, Inc. [ AERT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
770 E TECHNOLOGY WAY F13-16
3. Date of Earliest Transaction (MM/DD/YY)
11/08/2023
(Street)
OREM, UT84097
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A ordinary shares 11/08/2023 C( 1 ) 1,500,000 A 1,500,000 D ( 3 )
Class A ordinary shares 11/08/2023 J( 4 ) 1,500,000 D $ 0 0 D ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B ordinary shares ( 1 ) 11/08/2023 D( 5 ) 3,000,000 ( 2 ) ( 2 ) Class A ordinary shares 3,000,000 $ 0 1,500,000 D ( 3 )
Class B ordinary shares ( 1 ) 11/08/2023 C( 1 ) 1,500,000 ( 2 ) ( 2 ) Class A ordinary shares 1,500,000 $ 0 0 D ( 3 )
Private placement warrants $ 11.5 11/08/2023 J( 4 ) 9,527,810 12/06/2023 12/06/2028 Class A ordinary shares 9,527,810 ( 4 ) 0 D ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Worldwide Webb Acquisition Sponsor, LLC
770 E TECHNOLOGY WAY F13-16
OREM, UT84097
X
Signatures
Worldwide Webb Acquisition Sponsor, LLC, By: Daniel Webb, its managing member /s/ Daniel Webb 11/13/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each Class B ordinary share was converted into one Class A ordinary share of the Issuer in connection with the consummation of the Issuer's initial business combination
( 2 )The Class B ordinary shares were automatically convertible into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustments, and had no expiration date.
( 3 )Daniel Webb is the manager of the Reporting Person. As such, Mr. Webb may be deemed to have beneficial ownership of the Class B ordinary shares and private placement warrants held directly by the Reporting Person. Mr. Webb disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein.
( 4 )On November 8, 2023, the Reporting Person effectuated a pro rata distribution of (i) 9,527,810 private placement warrants and (ii) 1,500,000 Class A ordinary shares to its members for no consideration.
( 5 )On November 8, 2023, in connection with the closing of the Business Combination, the Reporting Person forfeited 3,000,000 Class B ordinary shares.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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