GSR II Meteora Sponsor LLC 4
4 · Bitcoin Depot Inc. · Filed Jul 3, 2023
Insider Transaction Report
Form 4
GSR II Meteora Sponsor LLC
10% Owner
Transactions
- Other
Class A Common Stock
2023-06-30+5,689,185→ 0 total - Other
Class E-1 Common Stock
2023-06-30−358,587→ 0 totalExp: 2030-06-30→ Class A Common Stock (358,587 underlying) - Other
Class E-2 Common Stock
2023-06-30−358,587→ 0 totalExp: 2030-06-30→ Class A Common Stock (358,587 underlying) - Other
Class E-3 Common Stock
2023-06-30−358,587→ 0 totalExp: 2033-06-30→ Class A Common Stock (358,587 underlying) - Other
Warrant (right to buy)
2023-06-30−12,223,750→ 0 totalExercise: $11.50→ Class A Common Stock (12,223,750 underlying)
Footnotes (5)
- [F1]Represents pro rata distribution by GSRII Meteora Sponsor LLC to its members, for no consideration.
- [F2]The warrants are exercisable by the reporting person into shares of Class A Common Stock on a one-for-one basis commencing 30 days after June 30, 2023 and expire five years after June 30, 2023 or earlier upon redemption or liquidation.
- [F3]The Class E-1 Common Stock shall vest and automatically convert to Class A Common Stock on a one-for-one basis if at any time during the seven-year period following June 30, 2023, the closing share price of the Class A Common Stock is greater than $12.00 per share over 10 trading days (which may be consecutive or not consecutive) within any 20 consecutive trading days.
- [F4]The Class E-1 Common Stock shall vest and automatically convert to Class A Common Stock on a one-for-one basis if at any time during the seven-year period following June 30, 2023, the closing share price of the Class A Common Stock is greater than $14.00 per share over 10 trading days (which may be consecutive or not consecutive) within any 20 consecutive trading days.
- [F5]The Class E-1 Common Stock shall vest and automatically convert to Class A Common Stock on a one-for-one basis if at any time during the ten-year period following June 30, 2023, the closing share price of the Class A Common Stock is greater than $16.00 per share over 10 trading days (which may be consecutive or not consecutive) within any 20 consecutive trading days.