Ophir Sternberg - May 27, 2022 Form 4 Insider Report for MSP Recovery, Inc. (LIFW)

Role
Director, 10%+ Owner
Signature
/s/ Ophir Sternberg
Stock symbol
LIFW
Transactions as of
May 27, 2022
Transactions value $
$0
Form type
4
Date filed
6/1/2022, 06:18 PM
Previous filing
May 25, 2022
Next filing
Jun 9, 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 LIFW Warrants Award $0 +273M $0.00 273M May 27, 2022 Class A Common Stock 273M $11.50 Lionheart Equities, LLC F1
transaction LIFW Warrants Award $0 +87.3M $0.00 87.3M May 27, 2022 Class A Common Stock 87.3M $11.50 Lionheart Investments, LLC F2
transaction LIFW Warrants Award $0 +118M $0.00 118M May 27, 2022 Class A Common Stock 118M $11.50 Star Mountain Equities, LLC F3
transaction LIFW Warrants Award $0 +118M $0.00 118M May 27, 2022 Class A Common Stock 118M $11.50 2022 OS Irrevocable Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These warrants to purchase shares of Class A Common Stock were received in connection with the closing of the business combination of the issuer and are owned directly by Lionheart Equities, LLC, an entity which Mr. Sternberg owns and controls.
F2 These warrants to purchase shares of Class A Common Stock were received in connection with the closing of the business combination of the issuer and are owned directly by Lionheart Investments, LLC, an entity which Mr. Sternberg owns and controls.
F3 These warrants to purchase shares of Class A Common Stock were received in connection with the closing of the business combination of the issuer and are owned directly by Star Mountain Equities, LLC, an entity which Mr. Sternberg owns and controls.
F4 These warrants to purchase shares of Class A Common Stock were received in connection with the closing of the business combination of the issuer and are owned directly by 2022 OS Irrevocable Trust, over which Mr. Sternberg's spouse has sole investment and dispository power over the Trust as its trustee.