Supernova Partners III LLC 4
4 · Supernova Partners Acquisition Co III, Ltd. · Filed May 10, 2021
Insider Transaction Report
Form 4
Supernova Partners III LLC
10% Owner
Transactions
- Other
Class B Common Stock
2021-05-06−161,638→ 6,882,112 total(indirect: See footnote)→ Class A Common Stock (161,638 underlying)
Footnotes (3)
- [F1]The Class B common stock will automatically convert into shares of Class A common stock at the at the time of the Issuer's initial business combination or earlier at the option of the holders thereof, on a one-for-one basis, subject to adjustment.
- [F2]Supernova Partners III LLC ("Sponsor") forfeited 161,638 Class B common stock to the Issuer for no consideration in connection with the underwriter's election not to exercise the remaining unused portion of the over-allotment option.
- [F3]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.