Suying Liu - May 20, 2021 Form 4 Insider Report for Mountain Crest Acquisition Corp. III (MCAEU)

Role
CEO and CFO, Director, 10%+ Owner
Signature
/s/ Suying Liu
Stock symbol
MCAEU
Transactions as of
May 20, 2021
Transactions value $
$1,100,000
Form type
4
Date filed
5/24/2021, 04:09 PM
Previous filing
May 18, 2021
Next filing
Nov 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCAEU Common Stock Purchase $1.1M +110K +7.68% $10.00 1.54M May 20, 2021 See Footnote F1, F2

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 MCAEU Rights to purchase Common Stock Purchase +110K 110K May 20, 2021 Common Stock 11K $0.00 See Footnote F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person acquired units, consisting of shares and rights.
F2 Shares owned by Mountain Crest Holdings III LLC, over which Suying Liu owns sole voting and dispositive power.
F3 The rights automatically convert into one-tenth (1/10) of a share of common stock upon the consummation of the registrant's initial business combination, as described in the registrant's prospectus filed with the SEC.
F4 Rights underlying the units owned by Mountain Crest Holdings III LLC, over which Suying Liu owns sole voting and dispositive power.