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WM TECHNOLOGY, INC. — Director's Dealing 2021
Jun 21, 2021
33609_dirs_2021-06-21_9edecb91-acd3-4636-9ddd-ce4f1417f9b9.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: Jung Steven (President and COO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-06-16 | Post-Merger Class P Units | $ | A | 1531332 | Acquired | Class A Common Stock (1531332) | Direct |
Footnotes
F1: These Post-Merger WMH Class P Units represent non-voting limited liability company interests of WMH. Pursuant to the terms of an exchange agreement, each of these Class P units, upon vesting, is exchangeable into up to one share of Class A Common Stock at a variable exchange ratio that accounts for the participation threshold of the exchanged post-merger Class P Units. These exchange rights do not expire.
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").