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MNTN, Inc. — Director's Dealing 2025
May 22, 2025
32004_dirs_2025-05-22_b943f3a8-0874-4ea0-abea-4ddaaab831fb.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: MNTN, Inc. (MNTN)
CIK: 0001891027
Period of Report: 2025-05-22
Reporting Person: Douglas Mark Steven (Director, Chief Executive Officer, 10% Owner)
Reporting Person: Hot Springs Capital I LLC (Director, 10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (448000) | Indirect | ||
| Class B Common Stock | $ | Class A Common Stock (5314342) | Indirect | ||
| Stock Option | $3.79 | 2035-02-20 | Class B Common Stock (131925) | Direct | |
| Stock Option | $3.79 | 2035-02-20 | Class B Common Stock (158310) | Direct | |
| Stock Option | $3.79 | 2035-02-20 | Class B Common Stock (4592239) | Indirect | |
| Stock Option | $3.79 | 2035-02-20 | Class B Common Stock (6927936) | Indirect |
Footnotes
F1: Each outstanding share of Class B common stock will be convertible at any time at the option of the holder into one share of Class A common stock. In addition, each share of Class B common stock will convert automatically into one share of Class A common stock upon any transfer, whether or not for value, except for certain permitted transfers.
F2: The stock option vests in 48 substantially equal monthly installments beginning on September 25, 2021.
F3: The stock option vests and becomes exercisable upon the attainment of certain closing trading prices of the Issuer's Class A common stock.