4//SEC Filing
LEDECKY JONATHAN J 4
Accession 0001062993-23-015253
CIK 0001835817other
Filed
Jul 23, 8:00 PM ET
Accepted
Jul 24, 5:43 PM ET
Size
8.1 KB
Accession
0001062993-23-015253
Insider Transaction Report
Form 4
Northern Star III Sponsor LLC
10% Owner
Transactions
- Other
Class B Common Stock
2023-07-21$0.00/sh+58,333$146→ 174,999 totalExercise: $0.00→ Class A Common Stock (58,333 underlying)
LEDECKY JONATHAN J
DirectorPresident and COO10% Owner
Transactions
- Other
Class B Common Stock
2023-07-21$0.00/sh+58,333$146→ 174,999 totalExercise: $0.00→ Class A Common Stock (58,333 underlying)
Footnotes (3)
- [F1]The Class B Common Stock is exercisable at the election of the holder and will automatically convert into Class A Common Stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment. The Class B Common Stock has no conversion or exercise price or expiration date.
- [F2]These shares of Class B Common Stock of the Issuer (the "Shares") were transferred to Northern Star III Sponsor LLC (the "Sponsor"), the sponsor of the Issuer, for the same aggregate purchase price originally paid for such Shares, in connection with an agreement between the Sponsor and the transferor. The Sponsor had initially transferred the Shares to the transferor prior to the Issuer's initial public offering.
- [F3]These Shares are owned directly by Sponsor, a ten percent owner of the issuer, and indirectly by its managing member, Jonathan J. Ledecky, the Issuer's President and Chief Operating Officer and a director on its Board of Directors. Mr. Ledecky disclaims beneficial ownership of the securities held by Sponsor except to the extent of his pecuniary interest therein.
Issuer
Northern Star Investment Corp. III
CIK 0001835817
Entity typeother
Related Parties
1- filerCIK 0001008382
Filing Metadata
- Form type
- 4
- Filed
- Jul 23, 8:00 PM ET
- Accepted
- Jul 24, 5:43 PM ET
- Size
- 8.1 KB