4//SEC Filing
Fifth Wall Acquisition Sponsor III, LLC 4
Accession 0000899243-23-018482
CIK 0001847874other
Filed
Aug 24, 8:00 PM ET
Accepted
Aug 25, 6:25 PM ET
Size
13.0 KB
Accession
0000899243-23-018482
Insider Transaction Report
Form 4
Transactions
- Conversion
Common Stock
2023-08-25+6,655,000→ 7,562,000 total - Other
Class B Ordinary Shares
2023-08-25−100,000→ 6,655,000 total→ Class A Ordinary Shares (100,000 underlying) - Other
Common Stock
2023-08-25−4,755,000→ 2,807,000 total - Conversion
Class B Ordinary Shares
2023-08-25−6,655,000→ 0 total→ Class A Ordinary Shares (6,655,000 underlying)
Footnotes (4)
- [F1]Issuer's Class B Ordinary Shares are automatically convertible into shares of the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination or earlier at the option of the holders thereof, in either case on a one-for-one basis, subject to certain adjustments, and had no expiration date. The Issuer consummated its initial business combination on August 25, 2023, whereby, among other things, the Issuer's Class B Ordinary Shares converted into Class A Ordinary Shares which were redesignated as Common Stock.
- [F2]Fifth Wall Acquisition Sponsor III LLC ("Sponsor"), is the record holder of the shares reported herein. Sponsor is governed by two managers, Messr. Andriy Mykhaylovskyy and Brendan Wallace, each with shared voting and investment power over the shares held by Sponsor. Each of Messr. Andriy Mykhaylovskyy and Brendan Wallace disclaim beneficial ownership of the shares held by Sponsor except to the extent of their pecuniary interest therein.
- [F3]Pursuant to that certain Second Amended and Restated Sponsor Agreement, dated June 15, 2023, by and among Issuer, Sponsor, and certain other parties thereto, Sponsor forfeited 4,755,000 shares of Common Stock to the Issuer for no consideration immediately following the conversion of Issuer's Class B Ordinary Shares in connection with the initial business combination.
- [F4]Pursuant to that certain Sponsor Letter Agreement, dated August 25, 2023, by and among Issuer, Sponsor and Mobile Infrastructure Corporation, Sponsor forfeited 100,000 Class B Ordinary Shares to the Issuer for no consideration immediately prior to the consummation of the initial business combination.
Documents
Issuer
Mobile Infrastructure Corp
CIK 0001847874
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001847658
Filing Metadata
- Form type
- 4
- Filed
- Aug 24, 8:00 PM ET
- Accepted
- Aug 25, 6:25 PM ET
- Size
- 13.0 KB