Khalid Ahmad - 04 Apr 2023 Form 4 Insider Report for Liberty Resources Acquisition Corp.

Signature
/s/ Khalid Ahmad, By Nelson Mullins Riley & Scarborough through power of Attorney
Issuer symbol
N/A
Transactions as of
04 Apr 2023
Net transactions value
$0
Form type
4
Filing time
24 May 2023, 17:01:14 UTC
Previous filing
03 Nov 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 LIBY Class B Common Stock Award $0 +10,000 +67% $0.000000 25,000 08 Feb 2023 Class A Common Stock 10,000 $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 shares of Class B Common Stock ("Founder Shares") have the right to convert into Class A Common Stock on a one-for-one basis prior to the closing of a business combination at the election of the holder, as described under the heading "Description of Securities - Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-259342).
F2 The shares of Class B common stock have no expiration date and 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 adjustment as set forth in the issuer's registration statement on Form S-1 (File No. 333-259342).