Ivan Tavrin - Dec 23, 2021 Form 4 Insider Report for Kismet Acquisition Three Corp. (KIII)

Role: Chairman and CEO, Director, 10%+ Owner
Signature: /s/ Jason Simon, as Attorney-in-Fact
Stock symbol: KIII
Transactions as of: Dec 23, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/28/2021, 03:05 PM
Next filing: May 6, 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
transaction	KIII	Class B Ordinary Shares	Sale		-6M	-43.82%		7.69M	Dec 23, 2021	Class A Ordinary Shares	6M		See Footnote	F1, F2

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

Explanation of Responses:

Id	Content
F1	The Class B ordinary shares have no expiration date and will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-252420).
F2	The Reporting Person has sole voting and investment power over the reported securities, which are held directly by Kismet Sponsor Limited (the "Sponsor"). On December 23, 2021, the Reporting Person transferred a 100% interest in the Sponsor in exchange for shares of another company through several transactions. As a result of the transactions, the Reporting Person holds an indirect 22% interest in the Sponsor. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by the Sponsor except to the extent of his pecuniary interest therein.

Content

The Class B ordinary shares have no expiration date and will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-252420).

The Reporting Person has sole voting and investment power over the reported securities, which are held directly by Kismet Sponsor Limited (the "Sponsor"). On December 23, 2021, the Reporting Person transferred a 100% interest in the Sponsor in exchange for shares of another company through several transactions. As a result of the transactions, the Reporting Person holds an indirect 22% interest in the Sponsor. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by the Sponsor except to the extent of his pecuniary interest therein.