Tepper Jeffrey 4
4 · Decarbonization Plus Acquisition Corp III · Filed Oct 27, 2021
Insider Transaction Report
Form 4
Tepper Jeffrey
Director
Transactions
- Conversion
Class B Common Stock
2021-10-25−40,000→ 0 total→ Class A Common Stock (40,000 underlying) - Conversion
Class A Common Stock
2021-10-25+40,000→ 40,000 total
Footnotes (2)
- [F1]In accordance with the amended and restated certificate of incorporation of Decarbonization Plus Acquisition Corporation III ("DCRC"), the Reporting Person elected to convert his shares of Class B Common Stock into shares of Class A Common Stock on a one-for-one basis.
- [F2]The shares of Class B Common Stock were (i) convertible into shares of Class A Common Stock at the Reporting Person's election on a one-for-one basis and (ii) automatically convertible into shares of Class A Common Stock at the time of DCRC's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights (which rights were waived by the Reporting Person in connection with DCRC's proposed business combination), and had no expiration date.