VPC Impact Acquisition Holdings Sponsor, LLC - 06 Jan 2023 Form 4 Insider Report for Bakkt Holdings, Inc. (BKKT)

Role
Director, 10%+ Owner
Signature
/s/ Sam Tuttleman, Attorney-in-Fact for VPC Impact Acquisition Holdings Sponsor, LLC
Issuer symbol
BKKT
Transactions as of
06 Jan 2023
Net transactions value
$0
Form type
4
Filing time
13 Jan 2023, 15:05:18 UTC
Previous filing
01 Dec 2022
Next filing
13 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKKT Class A common stock, par value $0.0001 per share Other -349,510 -4.3% 7,723,540 06 Jan 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 VPC Impact Acquisition Holdings Sponsor, LLC ("VIH Sponsor") distributed for no consideration to equityholders of one of its members an aggregate of 349,510 shares of Class A common stock of the Issuer, in accordance with the provisions of the limited liability company agreement of VIH Sponsor.
F2 VIH Sponsor is the record holder of the securities reported herein. Richard N. Levy, as Chief Executive Officer and Founder of Victory Park Capital Advisors, LLC, has voting and investment discretion with respect to the securities held of record by VIH Sponsor. Mr. Levy disclaims any beneficial ownership of the securities held by VIH Sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Remarks:

Director by Deputization. See Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the Reporting Persons to the Issuer.