Sec Form 4 Filing - Newbury Street Acquisition Sponsor LLC @ Newbury Street Acquisition Corp - 2021-03-30

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
Newbury Street Acquisition Sponsor LLC
2. Issuer Name and Ticker or Trading Symbol
Newbury Street Acquisition Corp [ NBSTU]
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)
8 NEWBURY STREET,
3. Date of Earliest Transaction (MM/DD/YY)
03/30/2021
(Street)
BOSTON, MA02116
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
Common Stock ( 1 ) 03/30/2021 J( 2 ) 239,016 D $ 0 ( 2 ) 3,210,984 D
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Newbury Street Acquisition Sponsor LLC
8 NEWBURY STREET
BOSTON, MA02116
X
Bushey Thomas
C/O NEWBURY STREET ACQUISITION CORP
8 NEWBURY STREET
BOSTON, MA02116
X X Chief Executive Officer
King Kenneth Shing Wei
C/O NEWBURY STREET ACQUISITION CORP
8 NEWBURY STREET
BOSTON, MA02116
X X Chief Financial Officer
Signatures
Newbury Street Acquisition Sponsor LLC By: /s/ Thomas Bushey, Managing Member 03/30/2021
Signature of Reporting Person Date
Thomas Bushey /s/ Thomas Bushey 03/30/2021
Signature of Reporting Person Date
Kenneth King /s/ Kenneth King 03/30/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Newbury Street Acquisition Sponsor LLC ("Sponsor") is the record holder of the securities reported herein. Thomas Bushey and Kenneth King are the managing members of the Sponsor and each of them may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Each such person disclaims any such beneficial ownership except to the extent of his pecuniary interest therein.
( 2 )As contemplated in connection with the initial public offering of the Issuer, 239,016 shares of common stock of the Issuer were returned by the reporting person to the Issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full.

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