10X Capital SPAC Sponsor III LLC - 14 Jan 2022 Form 4 Insider Report for 10X Capital Venture Acquisition Corp. III

Role
Director, 10%+ Owner
Signature
/s/ Joanna Heinz, Attorney-in-Fact for 10X Capital SPAC Sponsor III LLC
Issuer symbol
N/A
Transactions as of
14 Jan 2022
Net transactions value
$0
Form type
4
Filing time
11 Mar 2022, 19:08:40 UTC
Previous filing
11 Mar 2022
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 VCXB Class B Ordinary Shares Other $0 -5,000 -0.05% $0.000000 10,000,000 14 Jan 2022 Class A Ordinary Shares 5,000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 11, 2022, 10X Capital SPAC Sponsor III LLC (the "Sponsor") forfeited at no cost 5,000 Class B ordinary shares of the Issuer in connection with the election by the underwriters of the Issuer's initial public offering of units to exercise an option granted to them to cover over-allotments in part and not in full.
F2 The Class B ordinary shares are convertible for the Issuer's Class A ordinary shares as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-253868) (the "Registration Statement") and have no expiration date.
F3 The Sponsor is the record holder of the securities reported herein. 10X Capital Advisors, LLC is the manager of the Sponsor (the "Manager"). Mr. Thomas and Mr. Weisburd are the managing members of the Manager and have voting and investment discretion with respect to the securities held of record by the Sponsor.

Remarks:

See Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the Reporting Persons to the Issuer.