4//SEC Filing
Francis Douglas 4
Accession 0001209191-22-038496
CIK 0001779474other
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 5:22 PM ET
Size
16.6 KB
Accession
0001209191-22-038496
Insider Transaction Report
Form 4
Ghost Media Group, LLC
10% Owner
Transactions
- Award
Class A Common Stock
2022-06-21+41,493→ 4,792,347 total - Sale
Class A Common Stock
2022-06-16$4.57/sh−10,093$46,153→ 4,750,854 total
Holdings
- 1,468,555(indirect: By LLC)
Class V Common Stock
- 8,469,191(indirect: By LLC)
Class V Common Stock
- 12,431,818
Class V Common Stock
- 600,618(indirect: By LLC)
Class V Common Stock
Francis Douglas
DirectorChief Executive Officer10% Owner
Transactions
- Award
Class A Common Stock
2022-06-21+41,493→ 4,792,347 total - Sale
Class A Common Stock
2022-06-16$4.57/sh−10,093$46,153→ 4,750,854 total
Holdings
- 8,469,191(indirect: By LLC)
Class V Common Stock
- 600,618(indirect: By LLC)
Class V Common Stock
- 1,468,555(indirect: By LLC)
Class V Common Stock
- 12,431,818
Class V Common Stock
WM Founders Legacy I, LLC
10% Owner
Transactions
- Sale
Class A Common Stock
2022-06-16$4.57/sh−10,093$46,153→ 4,750,854 total - Award
Class A Common Stock
2022-06-21+41,493→ 4,792,347 total
Holdings
- 8,469,191(indirect: By LLC)
Class V Common Stock
- 1,468,555(indirect: By LLC)
Class V Common Stock
- 600,618(indirect: By LLC)
Class V Common Stock
- 12,431,818
Class V Common Stock
Genco Incentives, LLC
10% Owner
Transactions
- Sale
Class A Common Stock
2022-06-16$4.57/sh−10,093$46,153→ 4,750,854 total - Award
Class A Common Stock
2022-06-21+41,493→ 4,792,347 total
Holdings
- 8,469,191(indirect: By LLC)
Class V Common Stock
- 1,468,555(indirect: By LLC)
Class V Common Stock
- 12,431,818
Class V Common Stock
- 600,618(indirect: By LLC)
Class V Common Stock
Footnotes (7)
- [F1]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $4.55 to $5.59. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F2]Represents the number of shares of Common Stock underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Common Stock. The RSUs will fully vest on the earlier of June 21, 2023 or the date of the Issuer's next annual meeting of stockholders, subject to acceleration, and subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan) through such vesting date.
- [F3]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 in footnote 4 below) held by such Class V Common Stock holder at the time of such vote.
- [F4]Post-Merger Class A Units represent non-voting limited liability company interests of WM Holding Company, LLC. 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.
- [F5]Shares are held directly by Ghost Media Group, LLC ("Ghost Media") is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by Ghost Media Group, LLC.
- [F6]Shares are held directly by WM Founders Legacy I, LLC ("WM Founders") is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by WM Founders.
- [F7]Shares are held directly by Genco Incentives, LLC ("Genco") is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by Genco.
Documents
Issuer
WM TECHNOLOGY, INC.
CIK 0001779474
Entity typeother
Related Parties
1- filerCIK 0001519966
Filing Metadata
- Form type
- 4
- Filed
- Jun 20, 8:00 PM ET
- Accepted
- Jun 21, 5:22 PM ET
- Size
- 16.6 KB