Fortress Acquisition Sponsor III LLC - Dec 28, 2021 Form 4 Insider Report for Fortress Value Acquisition Corp. III (FVT)

Role
10%+ Owner
Signature
/s/ Alexander P. Gillette
Stock symbol
FVT
Transactions as of
Dec 28, 2021
Transactions value $
-$300
Form type
4
Date filed
12/28/2021, 05:07 PM

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 FVT Class F Common Stock, par value $0.0001 per share Sale -$300 -25K -0.44% $0.01* 5.68M Dec 28, 2021 Class A common stock, par value $0.0001 per share 25K 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 Pursuant to the Issuer's certificate of incorporation, each issued and outstanding share of Class F common stock of the Issuer has no expiration date and will automatically convert into one share of Class A common stock of the Issuer 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 pursuant to certain anti-dilution rights.
F2 Sponsor sold 25,000 shares of Class F common stock for the aggregate consideration of $300.00.
F3 Sponsor directly owns shares of Class F common stock of the Issuer.