Bolt Projects Holdings, Inc. — Director's Dealing 2024

Aug 16, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bolt Projects Holdings, Inc. (BSLK)
CIK: 0001841125
Period of Report: 2023-03-16

Reporting Person: Golden Arrow Sponsor, LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-16	Class A Common Stock	C	7047500	—	Acquired	7047500	Direct
2024-08-13	Common Stock	C	2615202	—	Acquired	9662702	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-16	Class B Common Stock	$	C	7047500	Disposed		Class A Common Stock (7047500)	Direct

Footnotes

F1: The shares of Class B common stock automatically convert into shares of Class A common stock at the time of the initial business combination of Golden Arrow Merger Corp. (the "Issuer"), or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-253465), as amended (the "Registration Statement"). On March 16, 2023, the Reporting Person voluntarily converted 7,047,500 shares of Class B common stock of the Issuer it held into 7,047,500 shares of Class A common stock in accordance with the amended and restated certificate of incorporation of the Issuer, as amended.

F2: The securities are held directly by the Reporting Person. The Reporting Person is controlled by the Timothy Babich, Jacob Doft, Lance Hirt and Andrew Rechtschaffen. Accordingly, Messrs. Babich, Doft, Hirt and Rechtschaffen share voting and dispositive power over these securities held by the Reporting Person and may be deemed to beneficially own such shares. Each of Messrs. Babich, Doft, Hirt and Rechtschaffen disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.

F3: Represents 2,615,202 shares of common stock of the Issuer converted from the convertible promissory notes issued by Bolt Threads, Inc. ("Bolt Threads"), a Delaware corporation, for cash since October 2023 upon the closing of the business combination (the "Closing") by and among the Issuer, Beam Merger Sub, Inc. ("Merger Sub"), a Delaware corporation, and Bolt Threads, pursuant to a business combination agreement entered into on October 4, 2023 (as amended, the "Business Combination Agreement"). At the Closing, Merger Sub merged with and into Bolt Threads, with Bolt Threads surviving the merger and becoming a wholly-owned direct subsidiary of the Issuer, and the Issuer was renamed to Bolt Projects Holdings, Inc.