4//SEC Filing
D'Annunzio Marc 4
Accession 0001871559-25-000005
CIK 0001820302other
Filed
Apr 29, 8:00 PM ET
Accepted
Apr 30, 6:21 PM ET
Size
7.4 KB
Accession
0001871559-25-000005
Insider Transaction Report
Form 4
D'Annunzio Marc
General Counsel & Secretary
Transactions
- Tax Payment
Class A Common Stock
2025-04-28$8.93/sh−3,501$31,264→ 79,807 total
Holdings
- 48,188
Bakkt Opco Units
→ Class A Common Stock (48,188 underlying)
Footnotes (4)
- [F1]In connection with the vesting of restricted stock units ("RSUs") on April 22, 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 April 22, 2025.
- [F2]Includes 51,976 shares of Class A Common Stock subject to RSUs and PSUs 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
- Apr 29, 8:00 PM ET
- Accepted
- Apr 30, 6:21 PM ET
- Size
- 7.4 KB