Ophir Sternberg - Nov 3, 2021 Form 3 Insider Report for Lionheart III Corp (LION)

Role: President and CEO, Director, 10%+ Owner
Signature: /s/ Ophir Sternberg
Stock symbol: LION
Transactions as of: Nov 3, 2021
Transactions value $: $0
Form type: 3
Date filed: 11/3/2021, 09:52 PM
Previous filing: Aug 6, 2021
Next filing: Jan 4, 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
holding	LION	Class B Common Stock							Nov 3, 2021	Class A Common Stock	2.78M		See footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As described in the Issuer's registration on Form S-1 (File No. 333-254479) under the heading "Description of Securities - Founder Shares and Private Units," the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
F2	Represents shares of Class B common stock held by Lionheart Equities, LLC, over which the reporting person shares voting and dispositive power.

Content

As described in the Issuer's registration on Form S-1 (File No. 333-254479) under the heading "Description of Securities - Founder Shares and Private Units," the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.

Represents shares of Class B common stock held by Lionheart Equities, LLC, over which the reporting person shares voting and dispositive power.