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4//SEC Filing

Beals Christopher 4

Accession 0001209191-21-041984

CIK 0001779474other

Filed

Jun 20, 8:00 PM ET

Accepted

Jun 21, 4:19 PM ET

Size

8.8 KB

Accession

0001209191-21-041984

Insider Transaction Report

Form 4
Period: 2021-06-16
Beals Christopher
DirectorChief Executive Officer
Transactions
  • Award

    Class V Common Stock

    2021-06-16+6,166,8196,166,819 total
  • Award

    Post-Merger Class A Units

    2021-06-16+6,166,8196,166,819 total
    Class A Common Stock (6,166,819 underlying)
Footnotes (3)
  • [F1]These shares of Class V common stock ("Class V Common Stock") of the Issuer (as defined below) provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Common Stock will be entitled to vote with the holders of Class A common stock ("Class A Common Stock") of the Issuer, with each share of Class V Common Stock entitling the holder to a number of votes equal to the number of Post-Merger Class A Units (as described below) held by such Class V Common Stock holder at the time of such vote.
  • [F2]Received pursuant to the Agreement and Plan of Merger, dated as of December 10, 2020, by and among Silver Spike Acquisition Corp. ("Silver Spike"), Silver Spike Merger Sub LLC, a direct, wholly-owned subsidiary of Silver Spike ("Merger Sub"), WM Holding Company, LLC, a Delaware limited liability company ("WMH"), and Ghost Media Group, LLC, a Nevada limited liability company, solely in its capacity as the initial holder representative, pursuant to which Merger Sub was merged with and into WMH, whereupon the separate existence of Merger Sub ceased and WMH became the surviving company and continued in existence as a subsidiary of Silver Spike, which subsequently changed its name to WM Technology, Inc. (the "Issuer").
  • [F3]These Post-Merger Class A Units represent non-voting limited liability company interests of WMH. Pursuant to the terms of an exchange agreement, these Class A units and an equivalent number of shares of Class V Common Stock are exchangeable on a one-for-one basis for shares of Class A Common Stock. These exchange rights do not expire.

Issuer

Silver Spike Acquisition Corp.

CIK 0001779474

Entity typeother

Related Parties

1
  • filerCIK 0001857244

Filing Metadata

Form type
4
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 4:19 PM ET
Size
8.8 KB