Supernova Partners III LLC 4
4 · Supernova Partners Acquisition Co III, Ltd. · Filed Apr 6, 2021
Insider Transaction Report
Form 4
Supernova Partners III LLC
10% Owner
Transactions
- Purchase
Warrants
2021-04-01$1.50/sh+310,345$465,518→ 7,010,345 total(indirect: See footnote)Exercise: $11.50→ Class A Common Stock (310,345 underlying)
Footnotes (2)
- [F1]The warrants will become exercisable commencing on the later of 12 months from the closing of the Issuer's initial public offering or 30 days after the completion of the Issuer's initial business combination, and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.
- [F2]Supernova Partners III LLC ("Sponsor") is the record holder of the warrants reported herein. Sponsor is governed by a board of managers consisting of four managers: Messrs. Rascoff, Klabin, Reid, and Clifton (the "Managers") and the approval of a majority of the Managers is required to approve any action of Sponsor. Each of the Managers disclaims beneficial ownership of the securities held of record by Sponsor.