MGD Holdings - 23 May 2025 Form 4 Insider Report for MNTN, Inc.

Role
10%+ Owner
Signature
MGD Holdings, /s/ Richard Ballard, Attorney-in-Fact
Issuer symbol
MNTN on NYSE
Transactions as of
23 May 2025
Net transactions value
-$3,415,233
Form type
4
Filing time
28 May 2025, 16:35:12 UTC
Previous filing
22 May 2025
SEC
View on sec.gov

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
MGD Holdings 10%+ Owner C/O COLLAS CRILL TRUST AND CORPORATE, SERVICES, GASPE HOUSE, 66-72 ESPLANADE, ST HELIER, JERSEY MGD Holdings, /s/ Richard Ballard, Attorney-in-Fact 28 May 2025 0002066651
CCT Services 1 Ltd 10%+ Owner C/O COLLAS CRILL TRUST AND CORPORATE, SERVICES, GASPE HOUSE, 66-72 ESPLANADE, ST HELIER, JERSEY CCT Services 1 Limited, By: /s/ Katie Bonfrer, Director and /s/ Siobhan Crick, Director 28 May 2025 0002067188

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNTN Class A Common Stock Conversion of derivative security +281,250 281,250 23 May 2025 See Footnote F1, F2

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
transaction MNTN Convertible Notes Conversion of derivative security $3,415,233 0 23 May 2025 Class A Common Stock 281,250 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon the closing of the Issuer's initial public offering, the convertible notes automatically converted into shares of Class A Common Stock upon the terms of the Note Conversion Agreement, as further described in the Issuer's Form S-1 (File No. 333-285471).
F2 The securities reported herein are held of record by MGD Holdings. Voting and dispositive decisions with respect to the shares held by MGD Holdings are made by its sole director, CCT Services 1 Limited. As such, CCT Services 1 Limited may be deemed to share beneficial ownership of such securities.