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: Sjuggerud Stephen D. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-21	Class B Common Stock	A	19444264	—	Acquired	19444264	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-21	Common Units	$	A	19444264	Acquired		Class A Common Stock (19444264.0)	Direct

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.