GSR II Meteora Sponsor LLC - 30 Jun 2023 Form 3 Insider Report for Bitcoin Depot Inc. (BTM)

Role
10%+ Owner
Signature
GSR II Meteora Sponsor LLC, /s/ Gus Garcia, Manager Member
Issuer symbol
BTM
Transactions as of
30 Jun 2023
Net transactions value
$0
Form type
3
Filing time
03 Jul 2023, 16:05:25 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BTM Class A Common Stock 5,689,185 30 Jun 2023 Direct

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
holding BTM Warrant (right to buy) 30 Jun 2023 Class A Common Stock 12,223,750 Direct F1
holding BTM Class E-1 Common Stock 30 Jun 2023 Class A Common Stock 358,587 Direct F2
holding BTM Class E-2 Common Stock 30 Jun 2023 Class A Common Stock 358,587 Direct F3
holding BTM Class E-3 Common Stock 30 Jun 2023 Class A Common Stock 358,587 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 June 30, 2023 and expire five years after June 30, 2023 or earlier upon redemption or liquidation.
F2 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 June 30, 2023, 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.
F3 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 June 30, 2023, 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.
F4 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 June 30, 2023, 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.