Alexander P. Gillette - Nov 30, 2022 Form 4 Insider Report for Fortress Value Acquisition Corp. III (FVT)

Signature
/s/ Alexander P. Gillette
Stock symbol
FVT
Transactions as of
Nov 30, 2022
Transactions value $
-$25,175
Form type
4
Date filed
11/30/2022, 03:38 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FVT Class A Common Stock, par value $0.0001 Disposed to Issuer -$25.2K -2.5K -100% $10.07 0 Nov 30, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 22, 2022, Fortress Value Acquisition Corp. III (the "Company") held a special meeting of stockholders (the "Special Meeting"), as described in the Company's Current Report on Form 8-K filed with the SEC on November 22, 2022. At the Special Meeting, stockholders of the Company approved amendments to the Company's amended and restated certificate of incorporation (the "Charter Amendment Proposal") and the Investment Management Trust Agreement, dated January 4, 2021, by and between the Company and Continental Stock Transfer & Trust Company, as trustee (the "Trust Amendment Proposal"). Following the approval of the Charter Amendment Proposal and the Trust Amendment Proposal, in connection with the liquidation contemplated by the Investment Management Trust Agreement, the Company redeemed 2,500 shares of Class A Common Stock of the Company held by the Reporting Person at $10.07 per share on November 30, 2022.