Getty Images Holdings Inc - Ordinary Shares Form 4 CC Neuberger Principal Holdings II / JAMES QUELLA ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

QUELLA JAMES

(Last) (First) (Middle)

200 PARK AVENUE, 58TH FLOOR

(Street)

NEW YORK NY 10110

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CC Neuberger Principal Holdings II [ PRPB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/22/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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)	07/22/2022		C(2)			40,000	(1)	(1)	Class A ordinary shares	40,000	$0(2)	0	D

Explanation of Responses:

1. As described in CC Neuberger Principal Holding II's (the "Issuer") registration statement on Form S-1 (File No. 333-239875) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001 ("Class B Ordinary Shares"), will automatically convert into Class A ordinary shares, par value $0.0001, of the Issuer at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

2. In connection with the Business Combination Agreement, dated December 9, 2021, by and among the Issuer, Getty Images Holdings, Inc. (f/k/a Vector Holding, LLC) ("New CCNB"), Griffey Global Holdings, Inc. and certain other parties thereto (the transactions contemplated thereby, the "Business Combination"), the Issuer merged with and into Vector Domestication Merger Sub, LLC, a Delaware limited liability company ("Domestication Merger Sub"), with Domestication Merger Sub surviving the merger as a wholly-owned direct subsidiary of New CCNB (the "Domestication Merger") . In connection with the Domestication Merger, the Reporting Person's Class B ordinary shares, par value $0.0001 per share, of the Issuer, which were previously convertible into Class A ordinary shares of the Issuer, were automatically converted into shares of Class B common stock of New CCNB, par value $0.0001 per share, on a one-for-one basis.

	/s/ Douglas Newton as attorney in fact for James Quella	07/22/2022
	** Signature of Reporting Person	Date
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