AI assistant
WM TECHNOLOGY, INC. — Director's Dealing 2022
Jun 10, 2022
33609_dirs_2022-06-10_5e2b8a4c-7caa-4c25-9823-9eef5931fced.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WM TECHNOLOGY, INC. (MAPS)
CIK: 0001779474
Period of Report: 2022-06-08
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 |
|---|---|---|---|---|---|---|---|
| 2022-06-08 | Class A Common Stock | C | 1818182 | $0.00 | Acquired | 4760947 | Direct |
| 2022-06-08 | Class V Common Stock | C | 1818182 | $0.00 | Disposed | 12431818 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-06-08 | Post-Merger Class A Units | $ | C | 1818182 | Disposed | Class A Common Stock (1818182) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class V Common Stock | 8469191 | Indirect |
| Class V Common Stock | 1468555 | Indirect |
| Class V Common Stock | 600618 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Post-Merger Class A Units | $ | Class A Common Stock (8469191) | 8469191 | Indirect | |
| Post-Merger Class A Units | $ | Class A Common Stock (1468555) | 1468555 | Indirect | |
| Post-Merger Class A Units | $ | Class A Common (600618) | 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: 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.
F3: 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.
F4: 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.
F5: These 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.