Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PIII | Class A Common Stock | Conversion of derivative security | +6.84M | +1002.71% | 7.53M | Oct 4, 2021 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PIII | Class B Common Stock | Conversion of derivative security | -6.84M | -100% | 0 | Oct 4, 2021 | Class A Common Stock | 6.84M | Direct | F1, F3 |
Id | Content |
---|---|
F1 | Represents shares of Class A common stock of the Issuer acquired upon conversion of shares of Class B common stock of the Issuer at the Reporting Person's election. |
F2 | The shares are held directly by the Reporting Person. The Reporting Person is governed by a board of managers consisting of Greg Wasson and Michael Balkin. Each of Mr. Wasson and Mr. Balkin disclaims beneficial ownership of the securities held by the Reporting Person except to the extent of his pecuniary interest therein. |
F3 | The shares of Class B common stock have no expiration date and will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-251978). |