4//SEC Filing
D'Annunzio Marc 4
Accession 0001871559-24-000007
CIK 0001820302other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 7:43 PM ET
Size
7.5 KB
Accession
0001871559-24-000007
Insider Transaction Report
Form 4
D'Annunzio Marc
General Counsel & Secretary
Transactions
- Award
Class A Common Stock
2024-05-30+23,541→ 47,789 total
Holdings
- 48,188
Bakkt Opco Units
→ Class A Common Stock (48,188 underlying)
Footnotes (4)
- [F1]These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock. The RSUs shall vest in two equal annual installments on the first two anniversaries of May 30, 2024, provided that the reporting person continues to be employed by the issuer as of each vesting date.
- [F2]Includes 37,211 shares of Class A Common Stock subject to restricted stock units and performance stock units that remain subject to vesting.
- [F3]Represents incentive units of Bakkt Management LLC, which units are, subject to certain limitations, redeemable at the request of the reporting person in exchange for the indicated number of common units of Bakkt Opco Holdings, LLC "(Bakkt Opco Units") and an equal number of shares of the issuer's Class V Common Stock.
- [F4]Pursuant to the terms of an Amended and Restated Exchange Agreement dated as of May 3, 2022, subject to certain conditions, Bakkt Opco Units together with an equal number of shares of the issuer's Class V Common Stock, are exchangeable by the reporting person for shares of the issuer's Class A Common Stock on a one-for-one basis.
Documents
Issuer
Bakkt Holdings, Inc.
CIK 0001820302
Entity typeother
Related Parties
1- filerCIK 0001871559
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 7:43 PM ET
- Size
- 7.5 KB