Dioptra Advisors III, LLC 4
4 · INSU ACQUISITION CORP III · Filed Dec 23, 2020
Insider Transaction Report
Form 4
Dioptra Advisors III, LLC
10% Owner
Transactions
- Other
Class B Common Stock
2020-12-22−23,333→ 5,865,000 total→ Class A Common Stock (23,333 underlying)
Footnotes (3)
- [F1]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 on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents and have no expiration date.
- [F2]Forfeiture and cancellation of shares of Class B common stock for no consideration because the underwriters' over-allotment option was not exercised in full.
- [F3]The reporting persons disclaim beneficial ownership of these securities, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting persons are the beneficial owners of such securities for any other purpose.