Blue Water Acquisition III LLC - Jun 11, 2025 Form 4 Insider Report for Blue Water Acquisition Corp. III (BLUW)

Role: 10%+ Owner
Signature: Signed by the Managing Member of Blue Water Acquisition III LLC /s/ Joseph Hernandez
Stock symbol: BLUW
Transactions as of: Jun 11, 2025
Transactions value $: $0
Form type: 4
Date filed: 6/12/2025, 06:14 PM
Previous filing: Jun 12, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Blue Water Acquisition III LLC	10%+ Owner	15 E PUTNAM AVENUE, SUITE 363, GREENWICH	Signed by the Managing Member of Blue Water Acquisition III LLC /s/ Joseph Hernandez	2025-06-12	0002073165

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BLUW	Class A ordinary shares	Purchase		+430K			430K	Jun 11, 2025	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	BLUW	Warrants to purchase Class A ordinary shares	Purchase		+215K			215K	Jun 11, 2025	Class A ordinary shares	215K	$11.50	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the 430,000 private units owned by Blue Water Acquisition III LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for an aggregate purchase price of $4,300,000.
F2	The warrants included in the private units will become exercisable at the later of 12 months from the closing of the Issuer's initial public offering and 30 days after the completion of its initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation.

Content

Reflects the 430,000 private units owned by Blue Water Acquisition III LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for an aggregate purchase price of $4,300,000.

The warrants included in the private units will become exercisable at the later of 12 months from the closing of the Issuer's initial public offering and 30 days after the completion of its initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation.