James HR Brady - 25 Mar 2024 Form 4 Insider Report for Northern Star Investment Corp. III (NSTC)

Signature
James H. R. Brady
Issuer symbol
NSTC
Transactions as of
25 Mar 2024
Net transactions value
$0
Form type
4
Filing time
27 Mar 2024, 17:01:08 UTC
Previous filing
28 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSTC Class A Common Stock Conversion of derivative security $0 +116,667 $0.000000 116,667 25 Mar 2024 Direct F1

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 NSTC Class B Common Stock Conversion of derivative security $0 -116,667 -100% $0.000000* 0 25 Mar 2024 Class A Common Stock 116,667 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B Common Stock converts into Class A Common Stock upon the earlier of (1) request by the holder or (2) automatically at the time of the Issuer's initial business combination. Such conversion shall be on a one-for-one basis, subject to adjustment. The Class B Common Stock has no exercise or conversion price, nor expiration date.