Dalton Wright - 31 Dec 2024 Form 5 Insider Report for Angel Studios, Inc.

Role
Director
Signature
/s/ Patrick J. Reilly, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
31 Dec 2024
Net transactions value
$0
Form type
5
Filing time
14 Feb 2025, 12:07:50 UTC
Previous filing
29 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Class A Common Stock, par value $0.001 per share Other +1 1 30 Sep 2024 See Footnote F3
holding Class A Common Stock, par value $0.001 per share 1,356,303 31 Dec 2024 See Footnote F1
holding Class A Common Stock, par value $0.001 per share 224,719 31 Dec 2024 See Footnote F2
holding Class B Common Stock, par value $0.001 per share 8,333 31 Dec 2024 See Footnote F4

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 Stock Option 0 31 Dec 2024 Class F Common Stock 908 $11.95 See Footnote F5
holding Stock Option 0 31 Dec 2024 Class F Common Stock 3,295 $11.95 See Footnote F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Dalton Wright is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Mr. Wright owns an indirect pecuniary interest in these shares of Class A Common Stock by virtue of his indirect interest in their owner, Kickstart Seed Fund II, LP.
F2 Mr. Wright owns an indirect pecuniary interest in these shares of Class A Common Stock by virtue of his indirect interest in their owner, Kickstart Seed Fund V, LP.
F3 Mr. Wright, by virtue of his indirect interest in their owner, Kickstart Seed Fund II, LP., had 1 share of Class B Common Stock converted to 1 share of Class A Common Stock, pursuant to the auto-conversion feature detailed in the Articles of Incorporation of Angel Studios, Inc., as amended. This transaction was recorded on September 30, 2024.
F4 Mr. Wright owns an indirect pecuniary interest in these shares of Class B Common Stock by virtue of his indirect interest in their owner, Kickstart Seed Fund II, LP.
F5 Represent fully-vested stock options exercisable for shares of Class F Common Stock in which Mr. Wright owns an indirect pecuniary interest by virtue of his indirect interest in their owner, Kickstart Seed Fund II, LP.
F6 Represent fully-vested stock options exercisable for shares of Class F Common Stock in which Mr. Wright owns an indirect pecuniary interest by virtue of his indirect interest in their owner, Kickstart Seed Fund V, LP.

Remarks:

The reporting person has resigned as a director of Angel Studios, Inc. effective October 3, 2024. As a result, the reporting person is no longer subject to Section 16 in connection with his transactions in equity securities of Angel Studios, Inc. and therefore will no longer report any such transactions on Form 4 or Form 5.