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WM TECHNOLOGY, INC. Director's Dealing 2022

Aug 25, 2022

33609_dirs_2022-08-24_0f051fe0-a9be-43d2-9c34-e67b9d1efb98.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WM TECHNOLOGY, INC. (MAPS)
CIK: 0001779474
Period of Report: 2022-08-23

Reporting Person: Beals Christopher (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-08-23 Class A Common Stock S 45655 $2.6513 Disposed 656638 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class V Common Stock 6166819 Direct

Footnotes

F1: The Reporting Person sold the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as any related brokerage commission fees.

F2: Price reported is a weighted-average sales price. The shares were sold in a bulk lot beginning on August 22, 2022 (but not allocated until August 23, 2022) on behalf of certain employees of the Issuer, including the Reporting Person, at prices ranging from $2.52 to $2.88.

F3: 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 in footnote 4 below) held by such Class V Common Stock holder at the time of such vote.

F4: Post-Merger Class A Units represent non-voting limited liability company interests of WM Holding Company, LLC. 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.