Sec Form 4 Filing - Ramachandran Narayan @ Near Intelligence, Inc. - 2022-03-23

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
Ramachandran Narayan
2. Issuer Name and Ticker or Trading Symbol
Near Intelligence, Inc. [ NIR]
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)
1096 KEELER AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
03/23/2022
(Street)
BERKELEY, CA94708
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 Common Stock 03/23/2023 M( 1 ) 4,237,500 A 4,237,500 I See Footnote ( 2 )
Class A Common Stock 03/23/2023 J( 1 ) 237,500 D 4,000,000 I See Footnote ( 2 )
( 1 )
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 Common Stock 03/23/2022 M( 3 ) 4,312,500 ( 1 ) ( 1 ) Class A Common Stock 4,237,500 ( 1 ) 0 I See Footnote ( 2 )
Warrants $ 11.5 03/23/2022 J( 4 ) 5,200,000 04/22/2023 03/23/2028 Class A Common Stock 5,200,000 $ 1 5,200,000 I See Footnote ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ramachandran Narayan
1096 KEELER AVENUE
BERKELEY, CA94708
X
Raghavan Sriram
1096 KEELER AVENUE
BERKELEY, CA94708
X
KludeIn Prime LLC
1096 KEELER AVENUE
BERKELEY, CA94708
X
Signatures
/s/ Narayan Ramachandran 03/27/2023
Signature of Reporting Person Date
/s/ Sriram Raghavan 03/27/2023
Signature of Reporting Person Date
/s/ Sriram Raghavan, as the Managing Member of KludeIn Prime LLC 03/27/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Upon the closing of the business combination of KludeIn I Acquisition Corp. ("KludeIn") with Near Intelligence Holdings, Inc. on March 23, 2023, (i) all shares of outstanding Class B shares of KludeIn were converted into shares of Class A shares of KludeIn, and (ii) KludeIn effected a name change to Near Intelligence, Inc.
( 2 )Messrs. Raghavan and Ramachandran are the managing members of the Sponsor and may be deemed the beneficial owners of the shares held by the Sponsor. Messrs. Raghavan and Ramachandran disclaim beneficial ownership over any securities in which they do not have a pecuniary interest.
( 3 )Represents the forfeiture, for no consideration, by KludeIn Prime LLC (the "Sponsor") of 237,500 shares of Class B common stock of KludeIn I Acquisition Corp., which, upon consummation of its business combination.
( 4 )Represents the warrants purchased by the Sponsor in connection with KludeIn's initial public offering, which are exercisable commencing 30 days following the consummation of KludeIn's business combination.

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