Ivan Tavrin - Apr 29, 2022 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: Apr 29, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/6/2022, 04:04 PM
Previous filing: Dec 28, 2021

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	Purchase		-6M	-43.82%		7.69M	Apr 29, 2022	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 April 29, 2022, a 100% interest in the Sponsor was transferred to the Reporting Person in exchange for shares of another company upon the completion of a series of transactions. As a result of the transactions, the Reporting Person holds an indirect 100% interest in the Sponsor.

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 April 29, 2022, a 100% interest in the Sponsor was transferred to the Reporting Person in exchange for shares of another company upon the completion of a series of transactions. As a result of the transactions, the Reporting Person holds an indirect 100% interest in the Sponsor.