MARKETWISE, INC. — Director's Dealing 2021

Jul 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKETWISE, INC. (MKTW)
CIK: 0001805651
Period of Report: 2021-07-21

Reporting Person: Arnold Mark Patrick (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-21	Class B Common Stock	A	11261859	—	Acquired	11261859	Direct
2021-07-21	Class B Common Stock	A	4059962	—	Acquired	4059962	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-21	Common Units	$	A	11261859	Acquired		Class A Common Stock (11261859.0)	Direct
2021-07-21	Common Units	$	A	4059962	Acquired		Class A Common Stock (4059962.0)	Indirect

Footnotes

F1: Upon the redemption of any Common Units, a number of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.

F2: Represents Common Units received as consideration for LLC units of MarketWise, LLC in connection with the Business Combination Agreement, as defined and described in the Issuer's prospectus filed with the Securities and Exchange Commission on July 1, 2021.

F3: The Common Units are redeemable at any time by the Reporting Person for, at the election of the Issuer, newly-issued Class A common stock on a one-for-one basis or a cash payment equal to the volume weighted average market price of one Class A common stock for each Common Unit redeemed. Upon the redemption of any Common Units, a number of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.