Fortress Acquisition Sponsor III LLC 4
4 · Fortress Value Acquisition Corp. III · Filed Dec 28, 2021
Insider Transaction Report
Form 4
Fortress Acquisition Sponsor III LLC
10% Owner
Transactions
- Sale
Class F Common Stock, par value $0.0001 per share
2021-12-28$0.01/sh−25,000$300→ 5,675,000 total(indirect: See footnote)→ Class A common stock, par value $0.0001 per share (25,000 underlying)
Footnotes (3)
- [F1]Pursuant to the Issuer's certificate of incorporation, each issued and outstanding share of Class F common stock of the Issuer has no expiration date and will automatically convert into one share of Class A common stock of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights.
- [F2]Sponsor sold 25,000 shares of Class F common stock for the aggregate consideration of $300.00.
- [F3]Sponsor directly owns shares of Class F common stock of the Issuer.