MNTN, Inc.|4May 28, 4:30 PM ET

Douglas Mark Steven 4

4 · MNTN, Inc. · Filed May 28, 2025

Form 4

Period: 2025-02-21

DirectorChief Executive Officer10% Owner

Transactions

Gift
Stock Option
2025-02-21−6,927,936→ 158,310 total
Exercise: $3.79Exp: 2035-02-20→ Class B Common Stock (6,927,936 underlying)
Sale
Class A Common Stock
2025-05-23$16.00/sh−900,000$14,400,000→ 0 total(indirect: By LLC)
Gift
Stock Option
2025-02-21+6,927,936→ 6,927,936 total(indirect: By LLC)
Exercise: $3.79Exp: 2035-02-20→ Class B Common Stock (6,927,936 underlying)
Gift
Class B Common Stock
2025-02-21+5,314,342→ 5,314,342 total(indirect: By LLC)
→ Class A Common Stock (5,314,342 underlying)
Conversion
Class A Common Stock
2025-05-23+900,000→ 900,000 total(indirect: By LLC)
Gift
Stock Option
2025-02-21−4,592,239→ 131,925 total
Exercise: $3.79Exp: 2035-02-20→ Class B Common Stock (4,592,239 underlying)
Gift
Class B Common Stock
2025-02-21−5,314,342→ 0 total
→ Class A Common Stock (5,314,342 underlying)
Conversion
Class B Common Stock
2025-05-23−900,000→ 4,414,342 total(indirect: By LLC)
→ Class A Common Stock (900,000 underlying)
Gift
Stock Option
2025-02-21+4,592,239→ 4,592,239 total(indirect: By LLC)
Exercise: $3.79Exp: 2035-02-20→ Class B Common Stock (4,592,239 underlying)

Holdings

Class B Common Stock
(indirect: By Trust)
→ Class A Common Stock (448,000 underlying)
448,000

Footnotes (5)

[F1]Each outstanding share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. In addition, each share of Class B common stock will convert automatically into one share of Class A common stock upon any transfer, whether or not for value, except for certain permitted transfers.
[F2]The stock option vests in 48 substantially equal monthly installments beginning on September 25, 2021.
[F3]These securities were previously reported on a Form 3 filed by the Reporting Person.
[F4]The stock option vests and becomes exercisable upon the attainment of certain closing trading prices of the Issuer's Class A common stock.
[F5]Prior to the Issuer's initial public offering, these securities were held in the form of common stock.

Documents

1 file