4//SEC Filing
Francis Douglas 4
Accession 0001209191-23-002610
CIK 0001779474other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 6:01 PM ET
Size
14.7 KB
Accession
0001209191-23-002610
Insider Transaction Report
Form 4
Ghost Media Group, LLC
10% Owner
Transactions
- Award
Class A Common Stock
2023-01-05+481,927→ 5,274,274 total
Holdings
- 600,618(indirect: By LLC)
Class V Common Stock
- 8,469,191(indirect: By LLC)
Class V Common Stock
- 12,431,818
Class V Common Stock
- 1,468,555(indirect: By LLC)
Class V Common Stock
Genco Incentives, LLC
10% Owner
Transactions
- Award
Class A Common Stock
2023-01-05+481,927→ 5,274,274 total
Holdings
- 600,618(indirect: By LLC)
Class V Common Stock
- 12,431,818
Class V Common Stock
- 1,468,555(indirect: By LLC)
Class V Common Stock
- 8,469,191(indirect: By LLC)
Class V Common Stock
Francis Douglas
DirectorChief Executive Officer10% Owner
Transactions
- Award
Class A Common Stock
2023-01-05+481,927→ 5,274,274 total
Holdings
- 12,431,818
Class V Common Stock
- 600,618(indirect: By LLC)
Class V Common Stock
- 8,469,191(indirect: By LLC)
Class V Common Stock
- 1,468,555(indirect: By LLC)
Class V Common Stock
WM Founders Legacy I, LLC
10% Owner
Transactions
- Award
Class A Common Stock
2023-01-05+481,927→ 5,274,274 total
Holdings
- 600,618(indirect: By LLC)
Class V Common Stock
- 12,431,818
Class V Common Stock
- 8,469,191(indirect: By LLC)
Class V Common Stock
- 1,468,555(indirect: By LLC)
Class V Common Stock
Footnotes (6)
- [F1]Represents the number of shares of Class A Common Stock underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs will vest in two equal quarterly increments on May 15, 2023 and August 15, 2023, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan or award agreement), through each such vesting date.
- [F2]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 3 below) held by such Class V Common Stock holder at the time of such vote.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]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
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 6:01 PM ET
- Size
- 14.7 KB