4//SEC Filing
Palmer Michael Alan 4
Accession 0001628280-21-014394
CIK 0001805651other
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 9:46 PM ET
Size
7.6 KB
Accession
0001628280-21-014394
Insider Transaction Report
Form 4
MARKETWISE, INC.MKTW
Palmer Michael Alan
Director
Transactions
- Award
Class B Common Stock
2021-07-21+25,925,685→ 25,925,685 total - Award
Common Units
2021-07-21→ 25,925,685 total→ Class A Common Stock (25,925,685 underlying)
Footnotes (3)
- [F1]Upon the redemption of any Common Units, a number of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.
- [F2]Represents Common Units received as consideration for LLC units of MarketWise, LLC in connection with the Business Combination Agreement, as defined and described in the Issuer's prospectus filed with the Securities and Exchange Commission on July 1, 2021.
- [F3]The Common Units are redeemable at any time by the Reporting Person for, at the election of the Issuer, newly-issued Class A common stock on a one-for-one basis or a cash payment equal to the volume weighted average market price of one Class A common stock for each Common Unit redeemed. Upon the redemption of any Common Units, a number of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.
Documents
Issuer
MARKETWISE, INC.
CIK 0001805651
Entity typeother
Related Parties
1- filerCIK 0001871433
Filing Metadata
- Form type
- 4
- Filed
- Jul 22, 8:00 PM ET
- Accepted
- Jul 23, 9:46 PM ET
- Size
- 7.6 KB