Home/Filings/4/0001209191-23-058180
4//SEC Filing

Collins Sean Roberts 4

Accession 0001209191-23-058180

CIK 0001820302other

Filed

Dec 10, 7:00 PM ET

Accepted

Dec 11, 9:10 PM ET

Size

36.3 KB

Accession

0001209191-23-058180

Insider Transaction Report

Form 4
Period: 2023-12-07
Transactions
  • Sale

    Class A Common Stock

    2023-12-08$1.73/sh23,939$41,4144,636 total(indirect: See Footnotes)
  • Other

    Class A Common Stock

    2023-12-11+9,130285,090 total
  • Sale

    Class A Common Stock

    2023-12-11$1.67/sh20$330 total(indirect: See Footnotes)
  • Sale

    Class A Common Stock

    2023-12-11$1.67/sh31$520 total(indirect: See Footnotes)
  • Other

    Class A Common Stock

    2023-12-07114,81041,357 total(indirect: See Footnotes)
  • Sale

    Class A Common Stock

    2023-12-08$1.73/sh36,990$63,99349,283 total(indirect: See Footnotes)
  • Sale

    Class A Common Stock

    2023-12-07$1.80/sh182,646$329,292322,461 total
  • Other

    Class A Common Stock

    2023-12-11412,2110 total(indirect: See Footnotes)
  • Other

    Class A Common Stock

    2023-12-1149,25231 total(indirect: See Footnotes)
  • Other

    Class A Common Stock

    2023-12-072,114,496637,447 total(indirect: See Footnotes)
  • Sale

    Class A Common Stock

    2023-12-07$1.84/sh225,236$414,434412,211 total(indirect: See Footnotes)
  • Sale

    Class A Common Stock

    2023-12-07$1.84/sh47,661$87,69686,273 total(indirect: See Footnotes)
  • Other

    Class A Common Stock

    2023-12-07+47,461505,107 total
  • Other

    Class A Common Stock

    2023-12-07448,389133,934 total(indirect: See Footnotes)
  • Sale

    Class A Common Stock

    2023-12-07$1.84/sh12,782$23,51928,575 total(indirect: See Footnotes)
  • Sale

    Class A Common Stock

    2023-12-08$1.71/sh46,501$79,568275,960 total
  • Other

    Class A Common Stock

    2023-12-114,61620 total(indirect: See Footnotes)
Footnotes (12)
  • [F1]Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Goldfinch Co-Invest I LP to its partners. Such distribution was exempt under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
  • [F10]Includes 275,000 shares of Class A Common Stock subject to Restricted Stock Units that remain subject to vesting.
  • [F11]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.76 to $1.86, inclusive. The reporting person undertakes to provide Bakkt Holdings, Inc., any security holder of Bakkt Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F12]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.705 to $1.765, inclusive. The reporting person undertakes to provide Bakkt Holdings, Inc., any security holder of Bakkt Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F2]Represents securities held directly by Goldfinch Co-Invest I LP.
  • [F3]The general partner of each of Goldfinch Co-Invest I, LP, Goldfinch Co-Invest IB, LP and Goldfinch Co-Invest IC, LP is Goldfinch Co-Invest I GP LLC (collectively, the "Goldfinch Funds"). The Reporting Person is a Managing Partner of Goldfinch Co-Invest I GP LLC (together with the Goldfinch Funds, the "Goldfinch Entities"). The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.
  • [F4]Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Goldfinch Co-Invest IB LP to its partners. Such distribution was exempt under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
  • [F5]Represents securities held directly by Goldfinch Co-Invest IB LP.
  • [F6]Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Goldfinch Co-Invest IC LP to its partners. Such distribution was exempt under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
  • [F7]Represents securities held directly by Goldfinch Co-Invest IC LP.
  • [F8]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.78 to $1.89, inclusive. The reporting person undertakes to provide Bakkt Holdings, Inc., any security holder of Bakkt Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F9]Represents shares of the Issuer's Class A Common Stock received by the reporting person in distributions from the Goldfinch Entities, each of which was exempt under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.

Issuer

Bakkt Holdings, Inc.

CIK 0001820302

Entity typeother

Related Parties

1
  • filerCIK 0001873512

Filing Metadata

Form type
4
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 9:10 PM ET
Size
36.3 KB