Michael Balkin - Oct 4, 2021 Form 4 Insider Report for Foresight Acquisition Corp. (PIII)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Michael Balkin
Stock symbol
PIII
Transactions as of
Oct 4, 2021
Transactions value $
$0
Form type
4
Date filed
10/6/2021, 05:25 PM
Next filing
Jan 21, 2022

Transactions Table

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 See Footnote F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 Sponsor's election.
F2 The shares are held by Foresight Sponsor Group, LLC (the "Sponsor"). The Sponsor 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 Sponsor 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).