Winklevoss Capital Fund, LLC - 15 Sep 2025 Form 4 Insider Report for Gemini Space Station, Inc.

Role: Director, 10%+ Owner
Signature: /s/ Cameron Winklevoss for Winklevoss Capital Fund, LLC, By: Cameron Winklevoss, Manager, Winklevoss Capital Management, LLC
Issuer symbol: GEMI on Nasdaq
Transactions as of: 15 Sep 2025
Net transactions value: $0
Form type: 4
Filing time: 16 Sep 2025, 06:01:12 UTC
Next filing: 21 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Winklevoss Capital Fund, LLC	Director, 10%+ Owner	FARMERS BANK BUILDING, 301 N. MARKET STREET, SUITE 1463, WILMINGTON	/s/ Cameron Winklevoss for Winklevoss Capital Fund, LLC, By: Cameron Winklevoss, Manager, Winklevoss Capital Management, LLC	16 Sep 2025	0002085726

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	GEMI	Class B Common Stock	Award		+75,085,013			75,085,013	15 Sep 2025	Class A Common Stock	75,085,013		Direct	F1, F2, F3
transaction	GEMI	Class B Common Stock	Award		+41,771	+0.06%		75,126,784	15 Sep 2025	Class A Common Stock	41,771		Direct	F1, F3, F4

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

Explanation of Responses:

Id	Content
F1	Shares of the Issuer's Class B common stock may be exchanged at any time, at the option of the holder, for newly issued shares of the Issuer's Class A common stock, on a one-for-one basis. All outstanding shares of Class B common stock will convert automatically into shares of Class A common stock upon the occurrence of certain events. Shares of Class B common stock do not otherwise expire.
F2	On September 15, 2025, immediately prior to the consummation of the Issuer's initial public offering ("IPO"), Messrs. Tyler Winklevoss and Cameron Winklevoss received an aggregate of 75,085,013 shares of Class B common stock of the Issuer in exchange for their interests in units of Gemini Space Station, LLC, a Nevada limited liability company, which is considered the predecessor of the Issuer for accounting purposes, including the units automatically converted from (i) approximately $228.0 million in aggregate principal (plus accrued and unpaid interest thereon) in the Issuer's certain convertible notes previously issued to Winklevoss Capital Fund, LLC ("WCF") and (ii) approximately $467.6 million in aggregate principal (plus accrued and unpaid interest thereon) in the Issuer's certain convertible term loans with WCF, each outstanding as of the closing date of the IPO.
F3	Messrs. Tyler Winklevoss and Cameron Winklevoss are the Co-Founders and Principals of WCF, as well as the Managers of the managing entity of WCF, and exercise shared voting and dispositive control over the shares held by WCF. As a result, each of Messrs. Tyler Winklevoss and Cameron Winklevoss may be deemed the beneficial owner of the securities beneficially owned by WCF and disclaims such beneficial ownership except to the extent of their respective pecuniary interest therein.
F4	In connection with the Issuer's IPO and related reorganizational transactions, WCF received 41,771 shares of Class B common stock in exchange for its corresponding incentive profits interest units in Gemini Astronaut Corps, LLC.