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WM TECHNOLOGY, INC. — Director's Dealing 2023
May 10, 2023
33609_dirs_2023-05-10_a8a606ab-e05d-4f6a-98a5-fef418e99286.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: WM TECHNOLOGY, INC. (MAPS)
CIK: 0001779474
Period of Report: 2023-01-05
Reporting Person: Francis Douglas (Director, Executive Chair, 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 |
|---|---|---|---|---|---|---|---|
| 2023-01-05 | Class A Common Stock | J | 481927 | $0.00 | Disposed | 4792347 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class V Common Stock | 12431818 | Direct |
| Class V Common Stock | 8469191 | Indirect |
| Class V Common Stock | 1468555 | Indirect |
| Class V Common Stock | 600618 | Indirect |
Footnotes
F1: On January 5, 2023, the Issuer granted 481,927 restricted stock units to the Reporting Person, which the Reporting Person subsequently declined on May 8, 2023, and the Issuer rescinded.
F2: 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 3 below) held by such Class V Common Stock holder at the time of such vote.
F3: 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.
F4: Shares are held directly by Ghost Media Group, LLC ("Ghost Media") which is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by Ghost Media.
F5: Shares are held directly by WM Founders Legacy I, LLC ("WM Founders") which is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by WM Founders.
F6: Shares are held directly by Genco Incentives, LLC ("Genco") which is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by Genco.