This S30V modified clip-point hollow ground blade of this limited edition version is matched up with a teal, lightweight handle of fiberglass-reinforced nylon resin making the entire knife weigh only 0.6 oz. The LTLP3 Ladybug 3 doesn't have a clip but rather a lanyard hole for attachment to a keychain or lanyard.

Like its larger counterparts (and all Spyderco knives), the Ladybug 3 packs tremendous cutting power and can take on both fine and heavy cutting tasks.