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WM TECHNOLOGY, INC. — Director's Dealing 2023
Oct 4, 2023
33609_dirs_2023-10-03_d4988912-7653-4ba8-b1c3-35e3b802a664.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: 2023-08-09
Reporting Person: Hartfield Justin (10% Owner)
Reporting Person: Ghost Media Group, LLC (10% Owner)
Reporting Person: WM Founders Legacy II, LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-09 | Class A Common Stock | D | 236082 | $0.00 | Disposed | 61679 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class V Common Stock | 19278067 | Direct |
| Class V Common Stock | 8469191 | Indirect |
| Class V Common Stock | 1570959 | Indirect |
Footnotes
F1: Represents the number of shares of Class A Common Stock underlying unvested restricted stock units that were forfeited upon Reporting Person's resignation from the Board of Directors of the Issuer.
F2: 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.
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: Shares are held directly by Ghost Media Group, LLC ("Ghost Media") is controlled by Mr. Hartfield. Accordingly, Mr. Hartfield may be deemed to be a beneficial owner of the shares held by Ghost Media Group, LLC.
F5: Shares are held directly by WM Founders Legacy II, LLC ("WM Founders") is controlled by Mr. Hartfield. Accordingly, Mr. Hartfield may be deemed to be a beneficial owner of the shares held by WM Founders.