Marshall Kiev - Jun 21, 2021 Form 4 Insider Report for Forum Merger III Corp (ELMSQ)

Role
Co-CEO and President, Director, 10%+ Owner
Signature
/s/ Marshall Kiev
Stock symbol
ELMSQ
Transactions as of
Jun 21, 2021
Transactions value $
$4,922,500
Form type
4
Date filed
6/23/2021, 10:06 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction ELMSQ Class A Common Stock +Buy $4,922,500 +500,000 $9.85 500,000 Jun 21, 2021 By West Branch Investors, LLC F1, F2
holding ELMSQ Class A Common Stock 616,250 Jun 21, 2021 By Forum Investors III LLC F3

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.275 to $10.080, inclusive. The reporting person undertakes to provide to Forum Merger III Corporation ("Forum"), any security holder of Forum, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within this range.
F2 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F3 Represents 616,250 shares of Class A common stock included in the Private Placement Units, as described under the heading "Description of Securities" in Forum's registration statement on Form S-1 (File No. 333-240171), which are held by Forum Investors III LLC (the "Sponsor"). Mr. Kiev is a managing member of Forum Capital Management III LLC, which is the managing member of the Sponsor. As such, Mr. Kiev may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Kiev disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.