LOCC Sponsor, LLC - Nov 8, 2021 Form 4 Insider Report for Live Oak Crestview Climate Acquisition Corp. (LOCC)

Role: 10%+ Owner
Signature: /s/ Gary K. Wunderlich, Jr. as Attorney-in-Fact for LOCC Sponsor, LLC
Stock symbol: LOCC
Transactions as of: Nov 8, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/10/2021, 04:56 PM
Previous filing: Sep 27, 2021
Next filing: Oct 2, 2023

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	LOCC	Class B Common Stock	Other		-750K	-15.55%		4.07M	Nov 8, 2021	Class A Common Stock	750K		Direct	F1, F2
transaction	LOCC	Class B Common Stock	Sale		-85K	-2.09%		3.99M	Nov 8, 2021	Class A Common Stock	85K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Class B Common Stock, par value $0.0001 per share (the "Class B Common Stock"), of Live Oak Crestview Climate Acquisition Corp. (the "Issuer") will convert into shares of the Issuer's Class A Common Stock, par value $0.0001 per share, after the Issuer's initial business combination, on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date.
F2	The Class B Common Stock owned by LOCC Sponsor, LLC included up to 750,000 shares of Class B Common Stock that were subject to forfeiture if the underwriters in the Issuer's initial public offering did not exercise their over-allotment option. Because the underwriters did not exercise their over-allotment option, LOCC Sponsor, LLC forfeited 750,000 shares of Class B Common Stock on November 8, 2021 for cancellation by the Issuer.

Content

The Class B Common Stock, par value $0.0001 per share (the "Class B Common Stock"), of Live Oak Crestview Climate Acquisition Corp. (the "Issuer") will convert into shares of the Issuer's Class A Common Stock, par value $0.0001 per share, after the Issuer's initial business combination, on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date.

The Class B Common Stock owned by LOCC Sponsor, LLC included up to 750,000 shares of Class B Common Stock that were subject to forfeiture if the underwriters in the Issuer's initial public offering did not exercise their over-allotment option. Because the underwriters did not exercise their over-allotment option, LOCC Sponsor, LLC forfeited 750,000 shares of Class B Common Stock on November 8, 2021 for cancellation by the Issuer.