| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | MKFG | Stock Option (Right to Buy) | Jul 14, 2021 | Common Stock | 482K | $2.11 | Direct | F1 | ||||||
| holding | MKFG | Stock Option (Right to Buy) | Jul 14, 2021 | Common Stock | 317K | $2.18 | Direct | F2 | ||||||
| holding | MKFG | Earnout Shares | Jul 14, 2021 | Common Stock | 72.2K | $0.00 | Direct | F3 |
| Id | Content |
|---|---|
| F1 | This option shall vest in 16 quarterly installments beginning on May 29, 2019, subject to the Reporting Person's continuous employment with the Issuer on each such date. |
| F2 | This option shall vest in 16 quarterly installments beginning on October 30, 2020, subject to the Reporting Person's continuous employment with the Issuer on each such date. |
| F3 | On July 14, 2021 (the "Closing Date") one, the Issuer's predecessor, consummated the business combination (the "Business Combination") pursuant to the terms of the merger agreement dated as of February 23, 2021 by and among one, Caspian Merger Sub Inc., a Delaware corporation and MarkForged, Inc., a Delaware corporation. On the Closing Date, the Reporting Person received the right to acquire 72,235 shares of the Issuer's Common Stock in connection with the Business Combination, (i) 39,401 of which will be released from escrow if the value weighted average price ("VWAP") for at least 20 of any 30 consecutive trading days following the Closing Date is at least $12.50; and (ii) 32,834 of which will be released from such escrow if the VWAP for at least 20 of any 30 consecutive trading days following the Closing Date is at least $15.00. Any shares not eligible to be released within five years of the Closing Date will be forfeited and canceled. |
Exhibit 24: Power of Attorney