Sec Form 4 Filing - Arena Fortify Sponsor LLC @ Arena Fortify Acquisition Corp. - 2022-12-20

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
Arena Fortify Sponsor LLC
2. Issuer Name and Ticker or Trading Symbol
Arena Fortify Acquisition Corp. [ AFAC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See Remarks
(Last) (First) (Middle)
C/O ARENA FORTIFY ACQUISITION CORP., 405 LEXINGTON AVENUE, 59TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
12/20/2022
(Street)
NEW YORK, NY10174
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
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 ( 1 ) 12/20/2022 D( 2 ) 3,591,000( 2 ) ( 1 ) ( 1 ) Class A common stock 3,591,000 $ 0( 2 ) 0 D( 2 )
Class B common stock ( 1 ) 12/20/2022 D( 3 ) 37,500( 3 ) ( 1 ) ( 1 ) Class A common stock 37,500 $ 0( 3 ) 0 D( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Arena Fortify Sponsor LLC
C/O ARENA FORTIFY ACQUISITION CORP.
405 LEXINGTON AVENUE, 59TH FLOOR
NEW YORK, NY10174
X X See Remarks
Goodwin Kieran
C/O ARENA FORTIFY ACQUISITION CORP.
405 LEXINGTON AVENUE, 59TH FLOOR
NEW YORK, NY10174
X X See Remarks See Remarks
Crockard James E III
C/O ARENA FORTIFY ACQUISITION CORP.
405 LEXINGTON AVENUE, 59TH FLOOR
NEW YORK, NY10174
X See Remarks
McCarthy Marc T
C/O ARENA FORTIFY ACQUISITION CORP.
405 LEXINGTON AVENUE, 59TH FLOOR
NEW YORK, NY10174
X See Remarks
ZWIRN DANIEL B
C/O ARENA FORTIFY ACQUISITION CORP.
405 LEXINGTON AVENUE, 59TH FLOOR
NEW YORK, NY10174
X See Remarks See Remarks
Edmonds Franklin S. Jr.
C/O ARENA FORTIFY ACQUISITION CORP.
405 LEXINGTON AVENUE, 59TH FLOOR
NEW YORK, NY10174
X See Remarks
White Gregory Campbell
C/O ARENA FORTIFY ACQUISITION CORP.
405 LEXINGTON AVENUE, 59TH FLOOR
NEW YORK, NY10174
See Remarks See Remarks
Signatures
Arena Fortify Sponsor LLC, By: /s/ Kieran Goodwin, Name: Kieran Goodwin, Title: Manager 12/20/2022
Signature of Reporting Person Date
Kieran Goodwin, By: /s/ Kieran Goodwin 12/20/2022
Signature of Reporting Person Date
James Crockard III, By: /s/ Kieran Goodwin, as Attorney-in-Fact 12/20/2022
Signature of Reporting Person Date
Marc McCarthy, By: /s/ Kieran Goodwin, as Attorney-in-Fact 12/20/2022
Signature of Reporting Person Date
Daniel Zwirn, By: /s/ Kieran Goodwin, as Attorney-in-Fact 12/20/2022
Signature of Reporting Person Date
Franklin S. Edmonds Jr., By: /s/ Kieran Goodwin, as Attorney-in-Fact 12/20/2022
Signature of Reporting Person Date
Gregory White, By: /s/ Kieran Goodwin, as Attorney-in-Fact 12/20/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares of Class B common stock ("Class B Shares") would have automatically converted into shares of the Issuer's Class A common stock at the time of the Issuer's initial business combination, or earlier at the option of the subject holder, on a one-for-one basis, with no expiration date.
( 2 )In connection with the liquidation and dissolution of the Issuer, Arena Fortify Sponsor LLC ("Sponsor") surrendered to the Issuer, for no consideration, 3,591,000 Class B Shares directly held by Sponsor. Kieran Goodwin is the president and manager of Sponsor, and had sole voting and dispositive power over the securities of the Issuer surrendered by Sponsor, and therefore may have been deemed to have had beneficial ownership of the securities of the Issuer held directly by Sponsor. Mr. Goodwin disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
( 3 )In connection with the liquidation and dissolution of the Issuer, each of James Crockard III and Marc McCarthy surrendered to the Issuer, for no consideration, 18,750 Class B Shares directly held by such reporting persons.

Remarks:
This "Exit" Form 4 is filed to report that, following the Issuer's dissolution on December 20, 2022, each of the Reporting Persons is no longer subject to Section 16 reporting.

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).
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