Elizabeth W. P. Bonner 2009 Irrevocable Trust Number Two - 21 Jul 2021 Form 3 Insider Report for MARKETWISE, INC. (MKTW)

Role: 10%+ Owner
Signature: Elizabeth W. P. Bonner 2009 Irrevocable Trust Number Two By: /s/ Margaret F. DeCampo, as Administrative Trustee
Issuer symbol: MKTW
Transactions as of: 21 Jul 2021
Net transactions value: $0
Form type: 3
Filing time: 22 Nov 2024, 11:53:47 UTC
Next filing: 22 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MKTW	Class B Common Stock						117,735	21 Jul 2021	Direct
holding	MKTW	Class B Common Stock						112,807,518	21 Jul 2021	By Monument & Cathedral Holdings, LLC	F1

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	MKTW	Common Units							21 Jul 2021	Class A Common Stock	117,735		Direct	F2, F3, F4
holding	MKTW	Common Units							21 Jul 2021	Class A Common Stock	112,807,518		By Monument & Cathedral Holdings, LLC	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities are held of record by Monument & Cathedral Holding, LLC ("Monument & Cathedral"). The Elizabeth W. P. Bonner 2009 Irrevocable Trust Number Two (the "E. Bonner Trust Number 2") is the majority shareholder of Cobblestone Publishing, Inc. ("Cobblestone") which is the sole manager of Monument & Cathedral. As such, the E. Bonner Trust Number 2 may be deemed to beneficially own the securities held of record by Monument & Cathedral. The E. Bonner Trust Number 2 disclaims ownership of such securities except to the extent of its pecuniary interest therein.
F2	The Common Units are redeemable by the Reporting Person and Monument & Cathedral for, at the election of the Issuer, newly-issued Class A common stock on a one-for-one basis or a cash payment equal to the volume weighted average market price of one share of Class A common stock for each Common Unit redeemed. Upon the redemption of any Common Units, a number of shares of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.
F3	Represents Common Units received as consideration for LLC units of MarketWise, LLC in connection with the Business Combination Agreement, as defined and described in the Issuer's prospectus filed with the Securities and Exchange Commission on July 1, 2021.
F4	Upon the redemption of any Common Units, a number of shares of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.