Mountain Crest Holdings III LLC - 14 Jun 2021 Form 4/A - Amendment Insider Report for Mountain Crest Acquisition Corp. III

Role
10%+ Owner
Signature
Mountain Crest Holdings III LLC By: /s/ Suying Liu, Title: Member
Issuer symbol
N/A
Transactions as of
14 Jun 2021
Net transactions value
+$20,860
Form type
4/A - Amendment
Filing time
22 Nov 2021, 16:00:31 UTC
Date Of Original Report
16 Jun 2021
Previous filing
24 May 2021
Next filing
31 Jan 2022
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 $20,860 +2,086 +0.14% $10.00 1,543,586 14 Jun 2021 Direct F1
transaction MCAEU Common Stock Other -83,202 -5.4% 1,460,384 14 Jun 2021 Direct F3

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 +2,086 +1.9% 112,086 14 Jun 2021 Common Stock 208 $0.000000 Direct F1, F2
* 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 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.
F3 On June 14, 2021, the underwriters of Mountain Crest Acquisition Corp III (the "Company") exercised the over-allotment option in part and canceled the remainder of the over-allotment option. In connection with the cancellation of the remainder of the over-allotment option, the Company has canceled an aggregate of 83,202 shares of common stock issued to Mountain Crest Holdings III LLC prior to its IPO and private placement.

Remarks:

This Form 4/A amends the Form 4 filed on June 16, 2021 to change the number of derivative securities beneficially owned following the reported transaction took place on June 14, 2021. Such change reflects the 110,000 rights that the reporting person previously acquired in a transaction that took place on May 20, 2021.