4//SEC Filing
D'Annunzio Marc 4
Accession 0001871559-25-000001
CIK 0001820302other
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 7:42 PM ET
Size
9.5 KB
Accession
0001871559-25-000001
Insider Transaction Report
Form 4
D'Annunzio Marc
General Counsel & Secretary
Transactions
- Tax Payment
Class A Common Stock
2025-02-05$17.56/sh−347$6,093→ 46,629 total - Tax Payment
Class A Common Stock
2025-01-22$28.84/sh−809$23,332→ 46,976 total
Holdings
- 48,188
Bakkt Opco Units
→ Class A Common Stock (48,188 underlying)
Footnotes (6)
- [F1]In connection with the vesting of restricted stock units on January 21, 2025, the issuer withheld Class A Common Stock that would otherwise have been issued to the reporting person to satisfy such person's tax withholding obligations. The number of shares withheld was determined based on the closing price per share of Class A Common Stock on January 21, 2025.
- [F2]Includes 30,654 shares of Class A Common Stock subject to RSUs and performance stock units that remain subject to vesting.
- [F3]In connection with the vesting of restricted stock units on February 1, 2025, the issuer withheld Class A Common Stock that would otherwise have been issued to the reporting person to satisfy such person's tax withholding obligations. The number of shares withheld was determined based on the closing price per share of Class A Common Stock on January 31, 2025.
- [F4]Includes 29,488 shares of Class A Common Stock subject to RSUs and performance stock units that remain subject to vesting.
- [F5]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.
- [F6]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
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 7:42 PM ET
- Size
- 9.5 KB