Sec Form 4/A Filing - Narayanan Srinath @ Project Energy Reimagined Acquisition Corp. - 2021-12-12

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FORM 4/A
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
Narayanan Srinath
2. Issuer Name and Ticker or Trading Symbol
Project Energy Reimagined Acquisition Corp. [ PEGR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
C/O PROJECT ENERGY REIMAGINED ACQ. CORP., 3 LAGOON DRIVE, SUITE 170
3. Date of Earliest Transaction (MM/DD/YY)
12/12/2021
(Street)
REDWOOD CITY, CA94065
4. If Amendment, Date Original Filed (MM/DD/YY)
12/14/2021
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
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 ) 12/12/2021 J( 2 ) 593,063 ( 1 ) ( 1 ) Class A Ordinary Shares 593,063 ( 2 ) 5,272,720 I See Footnote( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Narayanan Srinath
C/O PROJECT ENERGY REIMAGINED ACQ. CORP.
3 LAGOON DRIVE, SUITE 170
REDWOOD CITY, CA94065
X X Chief Executive Officer
Smilodon Capital, LLC
C/O PROJECT ENERGY REIMAGINED ACQ. CORP.
3 LAGOON DRIVE, SUITE 170
REDWOOD CITY, CA94065
X
Admit Capital, LLC
C/O PROJECT ENERGY REIMAGINED ACQ. CORP.
3 LAGOON DRIVE, SUITE 170
REDWOOD CITY, CA94065
X
Signatures
Carol Anne Huff, as Attorney-in-Fact on behalf of Srinath Narayanan 01/20/2022
Signature of Reporting Person Date
Carol Anne Huff, as Attorney-in-Fact on behalf of Smilodon Capital, LLC 01/20/2022
Signature of Reporting Person Date
Carol Anne Huff, as Attorney-in-Fact on behalf of Admit Capital, LLC 01/20/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Class B ordinary shares will automatically convert into Class A ordinary shares on the first business day following the consummation of the Issuer's initial business combination, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-254695) (the "Registration Statement") and have no expiration date.
( 2 )593,063 Class B ordinary shares were forfeited by Smilodon Capital, LLC (the "Sponsor") to the Issuer at no cost in connection with the expiration of the underwriters' over-allotment option, as described in the Registration Statement.
( 3 )The securities are held directly by the Sponsor. Admit Capital, LLC is the managing member of the Sponsor. Srinath Narayanan is the managing member of Admit Capital, LLC. Admit Capital, LLC and Srinath Narayanan may be deemed to share beneficial ownership of the Class B ordinary shares. Srinath Narayanan and Admit Capital, LLC each disclaims beneficial ownership of such shares except to the extent of his and its pecuniary interest therein.

Remarks:
This Form 4A is only to correct the reported amount of beneficial ownership following the reported transaction - beneficial ownership should have been reported as 5,272,720 - not 6,594,437 as reported on December 14, 2021.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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