Brandon Taylor Mintz - 24 Apr 2024 Form 4 Insider Report for Bitcoin Depot Inc. (BTM)

Role
President, Chief Executive Officer, and Chairman, Director
Signature
/s/ Felicity Lewis, as attorney-in-fact for BT Assets, Inc.
Issuer symbol
BTM
Transactions as of
24 Apr 2024
Net transactions value
-$4,999,999
Form type
4
Filing time
26 Apr 2024, 19:50:01 UTC
Previous filing
03 Apr 2024
Next filing
08 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTM Class V common stock Options Exercise $0 -2,906,976 -6.6% $0.000000 41,193,024 24 Apr 2024 By BT Assets, Inc. F1, F2, F3
transaction BTM Class A common stock Sale $4,999,999 -2,906,976 -100% $1.72 0 24 Apr 2024 By BT Assets, Inc. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,906,976 shares of Class V Common Stock were exchanged for 2,906,976 shares of Class A Common Stock at the election of BT Assets, Inc. ("BT Assets") in connection with the redemption of 2,906,976 Common Units of BT HoldCo LLC previously held by BT Assets pursuant to that certain Amended and Restated Limited Liability Company Agreement of BT HoldCo LLC, dated as of June 30, 2023 (the "BT HoldCo LLCA").
F2 Shares of the Issuer's Class V Common Stock may be exchanged for shares of the the Issuer's Class A Common Stock on a one-for-one basis at the election of BT Assets in connection with the redemption of the same number of Common Units of BT HoldCo LLC pursuant to the BT HoldCo LLCA.
F3 The Reporting Person is the sole voting stockholder and sole member of the Board of Directors of BT Assets, Inc. and therefore may be deemed to beneficially own the reported securities.

Remarks:

President, Chief Executive Officer, and Chairman