LOCC Sponsor, LLC - 08 Nov 2021 Form 4 Insider Report for Live Oak Crestview Climate Acquisition Corp.

Role: 10%+ Owner
Signature: /s/ Gary K. Wunderlich, Jr. as Attorney-in-Fact for LOCC Sponsor, LLC
Issuer symbol: N/A
Transactions as of: 08 Nov 2021
Net transactions value: $0
Form type: 4
Filing time: 10 Nov 2021, 16:56:34 UTC
Previous filing: 27 Sep 2021
Next filing: 02 Oct 2023
SEC: View on sec.gov

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		-750,000	-16%		4,073,864	08 Nov 2021	Class A Common Stock	750,000		Direct	F1, F2
transaction	LOCC	Class B Common Stock	Sale		-85,000	-2.1%		3,988,864	08 Nov 2021	Class A Common Stock	85,000		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.