Kevin Hartz - Aug 20, 2020 Form 4 Insider Report for Markforged Holding Corp (MKFG)

Role
Chief Executive Officer, Director
Signature
/s/ Stephen Karp, Attorney-in-Fact
Stock symbol
MKFG
Transactions as of
Aug 20, 2020
Transactions value $
$150,000
Form type
4
Date filed
2/25/2022, 04:55 PM
Previous filing
Feb 25, 2022
Next filing
Feb 25, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MKFG Class B Ordinary Shares Other -188K -6.7% 2.61M Aug 20, 2020 Class A Ordinary Shares 188K See footnote F1, F2
transaction MKFG Warrant to Purchase Class A Ordinary Shares (right to buy) Other $150K +75K +5% $2.00 1.58M Aug 20, 2020 Class A Ordinary Shares 75K $11.50 See footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination.
F2 Reflects the proportionate amount of securities deemed to be beneficially owned by the Reporting Person in his capacity as member of A-star LLC, the Issuer's sponsor. In connection with the partial exercise of the underwriters' over-allotment option, 187,500 Class B ordinary shares beneficially owned by the reporting person were automatically forfeited, and 75,000 warrants were acquired in a private placement.The Reporting Person disclaims beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F3 The warrants are exercisable for shares of Class A ordinary shares beginning on the later of 30 days after the closing of the Issuer's initial business combination and the first anniversary of its initial public offering and expire on the fifth anniversary of the Issuer's initial business combination..