M3-Brigade Sponsor III LP 4
4 · M3-Brigade Acquisition III Corp. · Filed Oct 27, 2021
Insider Transaction Report
Form 4
M3-Brigade Sponsor III LP
10% Owner
Transactions
- Other
Class B Common Stock
2021-10-25−3,750→ 7,500,000 total→ Class A Common Stock (3,750 underlying)
Footnotes (2)
- [F1]As described in the Issuer's registration statement on Form S-1 (File No. 333-256017) under the heading "Description of Securities - Founder Shares," the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, or at any time prior thereto at the option of the holder, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
- [F2]On October 25, 2021, M3-Brigade Sponsor III LP (the "Sponsor") forfeited at no cost 3,750 shares of common stock, par value $0.0001 per share, in connection with the determination by the underwriters of the Issuer's initial public offering not to exercise in full the over-allotment option granted to them.