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WM TECHNOLOGY, INC. Director's Dealing 2021

Jun 21, 2021

33609_dirs_2021-06-21_e27eec2d-5319-45bd-a8be-290db8134898.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Silver Spike Acquisition Corp. (MAPS)
CIK: 0001779474
Period of Report: 2021-06-16

Reporting Person: Francis Douglas (Director, 10% Owner)
Reporting Person: Ghost Media Group, LLC (10% Owner)
Reporting Person: WM Founders Legacy I, LLC (10% Owner)
Reporting Person: Genco Incentives, LLC (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-06-16 Class V Common Stock A 17162485 Acquired 17162485 Direct
2021-06-16 Class V Common Stock A 8469191 Acquired 8469191 Indirect
2021-06-16 Class V Common Stock A 1468555 Acquired 1468555 Indirect
2021-06-16 Class V Common Stock A 600618 Acquired 600618 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-06-16 Post-Merger Class A Units $ A 17162485 Acquired Class A Common Stock (17162485) Direct
2021-06-16 Post-Merger Class A Units $ A 8469191 Acquired Class A Common Stock (8469191) Indirect
2021-06-16 Post-Merger Class A Units $ A 1468555 Acquired Class A Common Stock (1468555) Indirect
2021-06-16 Post-Merger Class A Units $ A 600618 Acquired Class A Common (600618) Indirect

Footnotes

F1: 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 below) held by such Class V Common Stock holder at the time of such vote.

F2: Received pursuant to the Agreement and Plan of Merger, dated as of December 10, 2020, by and among Silver Spike Acquisition Corp. ("Silver Spike"), Silver Spike Merger Sub LLC, a direct, wholly-owned subsidiary of Silver Spike ("Merger Sub"), WM Holding Company, LLC, a Delaware limited liability company ("WMH"), and Ghost Media Group, LLC, a Nevada limited liability company, solely in its capacity as the initial holder representative, pursuant to which Merger Sub was merged with and into WMH, whereupon the separate existence of Merger Sub ceased and WMH became the surviving company and continued in existence as a subsidiary of Silver Spike, which subsequently changed its name to WM Technology, Inc. (the "Issuer").

F3: 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.

F4: 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.

F5: 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.

F6: These Post-Merger Class A Units represent non-voting limited liability company interests of WMH. 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.