Suying Liu - 20 May 2021 Form 4 Insider Report for Mountain Crest Acquisition Corp. III

Role
CEO and CFO, Director, 10%+ Owner
Signature
/s/ Suying Liu
Issuer symbol
N/A
Transactions as of
20 May 2021
Net transactions value
+$1,100,000
Form type
4
Filing time
24 May 2021, 16:09:47 UTC
Previous filing
18 May 2021
Next filing
22 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCAEU Common Stock Purchase $1,100,000 +110,000 +7.7% $10.00 1,541,500 20 May 2021 See Footnote F1, F2

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 MCAEU Rights to purchase Common Stock Purchase +110,000 110,000 20 May 2021 Common Stock 11,000 $0.000000 See Footnote F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person acquired units, consisting of shares and rights.
F2 Shares owned by Mountain Crest Holdings III LLC, over which Suying Liu owns sole voting and dispositive power.
F3 The rights automatically convert into one-tenth (1/10) of a share of common stock upon the consummation of the registrant's initial business combination, as described in the registrant's prospectus filed with the SEC.
F4 Rights underlying the units owned by Mountain Crest Holdings III LLC, over which Suying Liu owns sole voting and dispositive power.