Hartfield Justin 4
4 · Silver Spike Acquisition Corp. · Filed Jun 21, 2021
Insider Transaction Report
Form 4
Hartfield Justin
Director10% Owner
Transactions
- Award
Post-Merger Class A Units
2021-06-16+8,469,191→ 8,469,191 total(indirect: By LLC)→ Class A Common Stock (8,469,191 underlying) - Award
Class V Common Stock
2021-06-16+8,469,191→ 8,469,191 total(indirect: By LLC) - Award
Post-Merger Class A Units
2021-06-16+1,570,959→ 1,570,959 total(indirect: By LLC)→ Class A Common Stock (1,570,959 underlying) - Award
Class V Common Stock
2021-06-16+19,288,160→ 19,288,160 total - Award
Class V Common Stock
2021-06-16+1,570,959→ 1,570,959 total(indirect: By LLC) - Award
Post-Merger Class A Units
2021-06-16+19,288,160→ 19,288,160 total→ Class A Common Stock (19,288,160 underlying)
Footnotes (5)
- [F1]These shares of Class V common stock ("Class V Common Stock") of the Issuer (as defined below) provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Common Stock will be entitled to vote with the holders of Class A common stock ("Class A Common Stock") of the Issuer, with each share of Class V Common Stock entitling the holder to a number of votes equal to the number of Post-Merger Class A Units (as described below) held by such Class V Common Stock holder at the time of such vote.
- [F2]Received pursuant to the Agreement and Plan of Merger, dated as of December 10, 2020, by and among Silver Spike Acquisition Corp. ("Silver Spike"), Silver Spike Merger Sub LLC, a direct, wholly-owned subsidiary of Silver Spike ("Merger Sub"), WM Holding Company, LLC, a Delaware limited liability company ("WMH"), and Ghost Media Group, LLC, a Nevada limited liability company, solely in its capacity as the initial holder representative, pursuant to which Merger Sub was merged with and into WMH, whereupon the separate existence of Merger Sub ceased and WMH became the surviving company and continued in existence as a subsidiary of Silver Spike, which subsequently changed its name to WM Technology, Inc. (the "Issuer").
- [F3]Shares are held directly by Ghost Media Group, LLC ("Ghost Media") is controlled by Mr. Hartfield. Accordingly, Mr. Hartfield may be deemed to be a beneficial owner of the shares held by Ghost Media Group, LLC.
- [F4]Shares are held directly by WM Founders Legacy II, LLC ("WM Founders") is controlled by Mr. Hartfield. Accordingly, Mr. Hartfield may be deemed to be a beneficial owner of the shares held by WM Founders.
- [F5]These Post-Merger Class A Units represent non-voting limited liability company interests of WMH. Pursuant to the terms of an exchange agreement, these Class A units and an equivalent number of shares of Class V Common Stock are exchangeable on a one-for-one basis for shares of Class A Common Stock. These exchange rights do not expire.