KLEIN JONATHAN D - 22 Jul 2022 Form 4 Insider Report for Getty Images Holdings, Inc. (GETY)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Aug 2022, 18:17:57 UTC
Prior SEC filing
17 Jun 2022
Next SEC filing
16 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kjelti Kellough, as attorney in fact for Jonathan Klein

Key filing fact

KLEIN JONATHAN D filed Form 4 for Getty Images Holdings, Inc. (GETY) on 26 Aug 2022.

Key facts

  • This page summarizes KLEIN JONATHAN D's Form 4 filing for Getty Images Holdings, Inc. (GETY).
  • 14 reported transactions and 8 derivative rows are listed below.
  • Accepted by SEC: 26 Aug 2022, 18:17.

Change

  • Previous filing in this sequence was filed on 17 Jun 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GETY transaction

Class A common stock

Award

Transaction value
$0
Shares
+2,124,672
Change %
Price
$0.000000
Shares after
2,124,672
Date
22 Jul 2022
Ownership
Direct
Footnotes
F1, F5
GETY transaction

Class A common stock

Award

Transaction value
$0
Shares
+410,631
Change %
Price
$0.000000
Shares after
410,631
Date
22 Jul 2022
Ownership
By Aston Aladmax LLC
Footnotes
F1, F5, F6
GETY transaction

Class A common stock

Options Exercise

Transaction value
Shares
+516,312
Change %
+24%
Price
Shares after
2,640,984
Date
24 Aug 2022
Ownership
Direct
Footnotes
F2, F3, F5
GETY transaction

Class A common stock

Options Exercise

Transaction value
Shares
+1,032,624
Change %
+39%
Price
Shares after
3,673,608
Date
25 Aug 2022
Ownership
Direct
Footnotes
F2, F4, F5
GETY transaction

Class A common stock

Options Exercise

Transaction value
Shares
+38,277
Change %
+9.3%
Price
Shares after
448,908
Date
24 Aug 2022
Ownership
By Aston Aladmax LLC
Footnotes
F2, F3, F5, F6
GETY transaction

Class A common stock

Options Exercise

Transaction value
Shares
+76,555
Change %
+17%
Price
Shares after
525,463
Date
25 Aug 2022
Ownership
By Aston Aladmax LLC
Footnotes
F2, F4, F5, F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GETY transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+319,761
Change %
Price
$0.000000
Shares after
319,761
Date
22 Jul 2022
Ownership
Direct
Underlying class
Class A common stock
Underlying amount
319,761
Exercise price
$2.82
Footnotes
F1, F7
GETY transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+38,270
Change %
Price
$0.000000
Shares after
38,270
Date
22 Jul 2022
Ownership
Direct
Underlying class
Class A common stock
Underlying amount
38,270
Exercise price
$2.74
Footnotes
F1, F7
GETY transaction Derivative

Earnout Shares

Award

Transaction value
$0
Shares
+1,548,936
Change %
Price
$0.000000
Shares after
1,548,936
Date
22 Jul 2022
Ownership
Direct
Underlying class
Class A common stock
Underlying amount
1,548,936
Exercise price
Footnotes
F1, F2
GETY transaction Derivative

Earnout Shares

Award

Transaction value
$0
Shares
+114,832
Change %
Price
$0.000000
Shares after
114,832
Date
22 Jul 2022
Ownership
By Aston Aladmax LLC
Underlying class
Class A common stock
Underlying amount
114,832
Exercise price
Footnotes
F1, F2, F6
GETY transaction Derivative

Earnout Shares

Options Exercise

Transaction value
Shares
-516,312
Change %
-33%
Price
Shares after
1,032,624
Date
24 Aug 2022
Ownership
Direct
Underlying class
Class A common stock
Underlying amount
516,312
Exercise price
Footnotes
F2, F3
GETY transaction Derivative

Earnout Shares

Options Exercise

Transaction value
Shares
-1,032,624
Change %
-100%
Price
Shares after
0
Date
25 Aug 2022
Ownership
Direct
Underlying class
Class A common stock
Underlying amount
1,032,624
Exercise price
Footnotes
F2, F4
GETY transaction Derivative

Earnout Shares

Options Exercise

Transaction value
Shares
-38,277
Change %
-33%
Price
Shares after
76,555
Date
24 Aug 2022
Ownership
By Aston Aladmax LLC
Underlying class
Class A common stock
Underlying amount
38,277
Exercise price
Footnotes
F2, F3, F6
GETY transaction Derivative

Earnout Shares

Options Exercise

Transaction value
Shares
-76,555
Change %
-100%
Price
Shares after
0
Date
25 Aug 2022
Ownership
By Aston Aladmax LLC
Underlying class
Class A common stock
Underlying amount
76,555
Exercise price
Footnotes
F2, F4, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

This transaction occurred in connection with the Business Combination Agreement (as defined in note 2) and prior to the effectiveness of the Issuer's registration under Section 12 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and is being reported on this Form 4 solely for purposes of compliance with Rule 16a-2(a) under the Exchange Act. The securities covered by such transaction were previously included on the Reporting Person's Form 3.

Footnote F2

Pursuant to the Business Combination Agreement, dated as of December 9, 2021, among the Issuer and certain other parties (the "Business Combination Agreement"), the Reporting Person had the contingent right (an "earnout") to receive a pro rata amount of shares of Class A common stock of the Issuer (the "Class A common stock"), if at any time during the 10 year period following July 22, 2022, the volume weighted average price of the Class A common stock was greater than or equal to, for any 20 trading days within any 30 consecutive trading day period: $12.50 for the first earnout (the "First Price Triggering Event"); $15.00 for the second earnout (the "Second Price Triggering Event"); and $17.50 for the third earnout (the "Third Price Triggering Event").

Footnote F3

The First Price Triggering Event occurred on August 24, 2022, upon which the Reporting Person became entitled to receive, directly and indirectly, an aggregate 554,589 shares of Class A common stock in accordance with the Business Combination Agreement.

Footnote F4

The Second Price Triggering Event and the Third Price Triggering Event occurred on August 25, 2022, upon which the Reporting Person became entitled to receive, directly and indirectly, an aggregate 1,109,179 shares of Class A common stock in accordance with the Business Combination Agreement.

Footnote F5

Pursuant to the Issuer's Bylaws, the Reporting Person is subject to a transfer lock up period until January 19, 2023 (subject to customary exceptions) in respect of the shares of Class A common stock received in accordance with the Business Combination Agreement, including for the avoidance of doubt, the shares of Class A common stock entitled to be received as described in notes 3 and 4 above.

Footnote F6

Directly held by Aston Aladmax LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, if any.

Footnote F7

Stock options are fully vested and exercisable.

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