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

Role
Director, 10%+ Owner
Signature
/s/ Joanna Heinz, Attorney-in-Fact for 10X Capital SPAC Sponsor III LLC
Stock symbol
VCXB
Transactions as of
Jan 14, 2022
Transactions value $
$0
Form type
4
Date filed
3/11/2022, 07:08 PM
Previous filing
Mar 11, 2022

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 -5K -0.05% $0.00 10M Jan 14, 2022 Class A Ordinary Shares 5K 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.