David A. Lorber - Jun 30, 2023 Form 4 Insider Report for Bitcoin Depot Inc. (BTM)

Role
Director
Signature
/s/ Gus Garcia, Attorney-in-Fact for David A. Lorber
Stock symbol
BTM
Transactions as of
Jun 30, 2023
Transactions value $
$0
Form type
4
Date filed
7/3/2023, 04:05 PM
Previous filing
Jun 8, 2023
Next filing
Aug 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTM Class B Common Stock Disposed to Issuer $0 -20K -100% $0.00* 0 Jun 30, 2023 Direct F1
transaction BTM Class A Common Stock Award $0 +20K $0.00 20K Jun 30, 2023 Direct F1, F2
transaction BTM Class A Common Stock Other $0 +24.2K +120.87% $0.00 44.2K Jun 30, 2023 Direct F3

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 BTM Warrant (right to buy) Other $0 +33.3K $0.00 33.3K Jun 30, 2023 Class A Common Stock 33.3K $11.50 Direct F3, F4
transaction BTM Class E-1 Common Stock Other $0 +1.54K $0.00 1.54K Jun 30, 2023 Class A Common Stock 1.54K Direct F3, F5
transaction BTM Class E-2 Common Stock Other $0 +1.54K $0.00 1.54K Jun 30, 2023 Class A Common Stock 1.54K Direct F3, F6
transaction BTM Class E-3 Common Stock Other $0 +1.54K $0.00 1.54K Jun 30, 2023 Class A Common Stock 1.54K Direct F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

David A. Lorber is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On June 30, 2023, pursuant to that certain Transaction Agreement, dated as of August 24, 2022 (as it may be amended, supplemented or otherwise modified from time to time, the "Transaction Agreement"), by and among GSR II Meteora Acquisition Corp. (the "Company"), GSRII Meteora Sponsor LLC ("Sponsor"), Lux Vending, LLC dba Bitcoin Depot ("BT OpCo"), BT HoldCo LLC ("BT HoldCo") and BT Assets, Inc. ("BT Assets"), the Company entered into a series of transactions with Sponsor, BT Assets, BT OpCo and BT HoldCo (each such transaction and the other transactions contemplated by the Transaction Agreement, collectively, the "business combination"). Upon the consummation of the business combination (the "Closing"), the Company changed its name to Bitcoin Depot Inc. In connection with the Closing, the Class B Common Stock of the Company was converted to Class A Common Stock of the Company.
F2 These shares will not vest until and unless the closing price of the Class A Common Stock exceeds $10.00 per share for twenty days during any thirty day period starting on the first trading day following the Closing.
F3 Represents pro rata distribution by Sponsor to its members, which includes the reporting person, for no consideration, exempt under Rule 16a-9.
F4 The warrants are exercisable by the reporting person into shares of Class A Common Stock on a one-for-one basis commencing 30 days after the Closing and expire five years after the Closing or earlier upon redemption or liquidation.
F5 The Class E-1 Common Stock shall vest and automatically convert to Class A Common Stock on a one-for-one basis if at any time during the seven-year period following the Closing, the closing share price of the Class A Common Stock is greater than $12.00 per share over 10 trading days (which may be consecutive or not consecutive) within any 20 consecutive trading days.
F6 The Class E-1 Common Stock shall vest and automatically convert to Class A Common Stock on a one-for-one basis if at any time during the seven-year period following the Closing, the closing share price of the Class A Common Stock is greater than $14.00 per share over 10 trading days (which may be consecutive or not consecutive) within any 20 consecutive trading days.
F7 The Class E-1 Common Stock shall vest and automatically convert to Class A Common Stock on a one-for-one basis if at any time during the ten-year period following the Closing, the closing share price of the Class A Common Stock is greater than $16.00 per share over 10 trading days (which may be consecutive or not consecutive) within any 20 consecutive trading days.