Mountain Crest Holdings III LLC 4
4 · Mountain Crest Acquisition Corp. III · Filed Jun 16, 2021
Insider Transaction Report
Form 4
Mountain Crest Holdings III LLC
10% Owner
Transactions
- Purchase
Common Stock
2021-06-14$10.00/sh+2,086$20,860→ 1,543,586 total - Other
Common Stock
2021-06-14−83,202→ 1,460,384 total - Purchase
Rights to purchase Common Stock
2021-06-14+2,086→ 2,086 totalExercise: $0.00→ Common Stock (208 underlying)
Footnotes (3)
- [F1]The reporting person acquired units, consisting of shares and rights.
- [F2]The rights automatically convert into one-tenth (1/10) of a share of common stock upon the consummation of the registrant's initial business combination, as described in the registrant's prospectus filed with the SEC.
- [F3]On June 14, 2021, the underwriters of Mountain Crest Acquisition Corp III (the "Company") exercised the over-allotment option in part and canceled the remainder of the over-allotment option. In connection with the cancellation of the remainder of the over-allotment option, the Company has canceled an aggregate of 83,202 shares of common stock issued to Mountain Crest Holdings III LLC prior to its IPO and private placement.