4//SEC Filing
LEDECKY JONATHAN J 4
Accession 0001062993-24-007229
CIK 0001835817other
Filed
Mar 26, 8:00 PM ET
Accepted
Mar 27, 4:57 PM ET
Size
9.6 KB
Accession
0001062993-24-007229
Insider Transaction Report
Form 4
Northern Star III Sponsor LLC
10% Owner
Transactions
- Conversion
Class B Common Stock
2024-03-25−174,999→ 0 total(indirect: By LLC)Exercise: $0.00→ Class A Common Stock (174,999 underlying) - Conversion
Class A Common Stock
2024-03-25+174,999→ 9,883,333 total(indirect: By LLC)
LEDECKY JONATHAN J
DirectorPresident and COO10% Owner
Transactions
- Conversion
Class A Common Stock
2024-03-25+174,999→ 9,883,333 total(indirect: By LLC) - Conversion
Class B Common Stock
2024-03-25−174,999→ 0 total(indirect: By LLC)Exercise: $0.00→ Class A Common Stock (174,999 underlying)
Footnotes (2)
- [F1]The Class B Common Stock converts into Class A Common Stock upon the earlier of (1) request by the holder or (2) automatically at the time of the Issuer's initial business combination. Such conversion shall be on a one-for-one basis, subject to adjustment. The Class B Common Stock has no exercise or conversion price, nor expiration date.
- [F2]These shares are owned directly by Northern Star III Sponsor LLC, a ten percent owner of the issuer, and indirectly by its managing member, Jonathan Ledecky, the Issuer's President and Chief Operating Officer and a director on its Board of Directors. Mr. Ledecky disclaims beneficial ownership of the securities held by Northern Star III Sponsor LLC, except to the extent of his pecuniary interest therein.
Issuer
Northern Star Investment Corp. III
CIK 0001835817
Entity typeother
Related Parties
1- filerCIK 0001008382
Filing Metadata
- Form type
- 4
- Filed
- Mar 26, 8:00 PM ET
- Accepted
- Mar 27, 4:57 PM ET
- Size
- 9.6 KB