Sec Form 3 Filing - Varsavsky Waisman-Diamond Martin @ Levere Holdings Corp. - 2021-03-18

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Varsavsky Waisman-Diamond Martin
2. Issuer Name and Ticker or Trading Symbol
Levere Holdings Corp. [ LVRA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
See Remarks
(Last) (First) (Middle)
C/O LEVERE HOLDINGS CORP., PO BOX 1093,, BOUNDARY HALL, CRICKET SQUARE
3. Date of Earliest Transaction (MM/DD/YY)
03/18/2021
(Street)
GRAND CAYMAN, E9KY1-1102
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B ordinary shares ( 1 ) ( 2 ) ( 1 )( 2 ) ( 1 )( 2 ) Class A ordinary shares 250,000 I By Jazzya Investments SL ( 3 )
Class B ordinary shares ( 1 ) ( 2 ) ( 1 )( 2 ) ( 1 )( 2 ) Class A ordinary shares 6,413,571 I By Goggo Network GmbH ( 4 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Varsavsky Waisman-Diamond Martin
C/O LEVERE HOLDINGS CORP., PO BOX 1093,
BOUNDARY HALL, CRICKET SQUARE
GRAND CAYMAN, E9KY1-1102
X X See Remarks
Signatures
/s/ Martin Varsavsky Waisman-Diamond 03/18/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )As described in the Issuer's registration statement on Form S-1 (File No. 333-253105) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares will convert into Class A ordinary shares (which such Class A ordinary shares delivered upon conversion will not have any redemption rights or be entitled to liquidating distributions from the trust account if the Issuer fails to consummate an initial business combination) prior to, at the time of or after the Issuer's initial business combination, or earlier at the option of the holder thereof at a ratio such that the number of Class A ordinary shares issuable upon conversion of all Class B ordinary shares will equal, in the aggregate,
( 2 )(Continued from Footnote 1) on an as-converted basis, 20% of the sum of (i) the total number of Class A ordinary shares issued and outstanding upon completion of the Issuer's public offering, plus (ii) the total number of Class A ordinary shares issued or deemed issued or issuable upon conversion or exercise of any equity-linked securities or rights issued or deemed issued by the Issuer in connection with or in relation to the consummation of the initial business combination, excluding any Class A ordinary shares or equity-linked securities exercisable for or convertible into Class A ordinary shares issued, deemed issued, or to be issued, to any seller in the initial business combination and any private placement warrants issued to the Issuer's sponsor, its affiliates or any member of the Issuer's management team upon conversion of working capital loans. In no event will the Class B ordinary shares convert into Class A ordinary shares at a rate of less than one-to-one.
( 3 )The reporting person is the controlling shareholder of Jazzya Investments SL ("Jazzya") and disclaims beneficial ownership of the shares held by Jazzya, except to the extent of his pecuniary interest therein.
( 4 )Goggo Network GmbH (the "Sponsor") is the record holder of the securities reported herein. Jazzya is a shareholder of the Sponsor, and the reporting person is the controlling shareholder of Jazzya. By virtue of these relationships, the reporting person may be deemed to have beneficial ownership of the securities held by the Sponsor. The reporting person disclaims beneficial ownership of the shares held by the Sponsor, except to the extent of his pecuniary interest therein.

Remarks:
Mr. Varsavksy Waisman-Diamond's title is Chairman and Chief Executive Officer.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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