Khalid Ahmad - Apr 4, 2023 Form 4 Insider Report for Liberty Resources Acquisition Corp. (LIBY)

Role
CFO and Secretary
Signature
/s/ Khalid Ahmad, By Nelson Mullins Riley & Scarborough through power of Attorney
Stock symbol
LIBY
Transactions as of
Apr 4, 2023
Transactions value $
$0
Form type
4
Date filed
5/24/2023, 05:01 PM
Previous filing
Nov 3, 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 +10K +66.67% $0.00 25K Feb 8, 2023 Class A Common Stock 10K $0.00 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).