Hartfield Justin 4
4 · WM TECHNOLOGY, INC. · Filed Oct 3, 2023
Insider Transaction Report
Form 4
Hartfield Justin
Director10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock
2023-08-09−236,082→ 61,679 total
Holdings
- 8,469,191(indirect: By LLC)
Class V Common Stock
- 19,278,067
Class V Common Stock
- 1,570,959(indirect: By LLC)
Class V Common Stock
Footnotes (5)
- [F1]Represents the number of shares of Class A Common Stock underlying unvested restricted stock units that were forfeited upon Reporting Person's resignation from the Board of Directors of the Issuer.
- [F2]Post-Merger Class A Units represent non-voting limited liability company interests of WM Holding Company, LLC. 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.
- [F3]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 in footnote 4 below) held by such Class V Common Stock holder at the time of such vote.
- [F4]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.
- [F5]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.