I understand the difference between the 1st and 2nd one but I don't know what a 3rd one looks like and I herd it has something to do with the slide but I still don't understand.
Alex, the Mk 3's are easiest to identify because they incorporate "Mk3" into the Shorty 40 logo on the front right side of the slide. They also, unlike the first and second versions, are available in a black finish as well as a silver one ("Mk3S").
If it's engineering changes you're asking about, now I can't help you with that.