AI assistant
WM TECHNOLOGY, INC. — Director's Dealing 2025
Jan 4, 2025
33609_dirs_2025-01-03_f8410d70-157b-45f4-b9db-51f1c174f14a.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: 2024-12-31
Reporting Person: Francis Douglas (N/A)
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 |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | Class V Common Stock | G | 8691425 | — | Disposed | 3740393 | Direct |
| 2024-12-31 | Class V Common Stock | G | 8691425 | — | Acquired | 8691425 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class V Common Stock | 8469191 | Indirect |
| Class V Common Stock | 1468555 | Indirect |
| Class V Common Stock | 600618 | Indirect |
| Class A Common Stock | 9134738 | Direct |
Footnotes
F1: 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.
F2: On December 31, 2024, the Reporting Person transferred, for no consideration, 8,691,739 shares of the Issuer's Class V Common Stock to the Rebecca Francis Legacy Trust dated 5/14/24, of which the Reporting Person is the Investment Trustee.
F3: Shares are held directly by the Rebecca Francis Legacy Trust dated 5/14/24, of which the Reporting Person is the Investment Trustee.
F4: 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 Stockholder at the time of such vote.
F5: 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.
F6: 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.
F7: 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.