4//SEC Filing
D'Annunzio Marc 4
Accession 0001871559-25-000011
CIK 0001820302other
Filed
Jul 15, 8:00 PM ET
Accepted
Jul 16, 5:47 PM ET
Size
7.1 KB
Accession
0001871559-25-000011
Insider Transaction Report
Form 4
D'Annunzio Marc
General Counsel & Secretary
Transactions
- Sale
Class A Common Stock
2025-07-15$18.21/sh−559$10,179→ 69,248 total
Holdings
- 48,188
Bakkt Opco Units
→ Class A Common Stock (48,188 underlying)
Footnotes (4)
- [F1]Represents sale to cover tax obligations associated with the vesting of performance stock units ("PSUs").
- [F2]Includes 50,229 shares of Class A Common Stock subject to restricted stock units and PSU awards 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
- Jul 15, 8:00 PM ET
- Accepted
- Jul 16, 5:47 PM ET
- Size
- 7.1 KB