Douglas Francis - 16 Jun 2021 Form 4 Insider Report for Silver Spike Acquisition Corp. (MAPS)

Role: Director, 10%+ Owner
Signature: Douglas Francis, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol: MAPS
Transactions as of: 16 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 21 Jun 2021, 16:29:39 UTC
Next filing: 03 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MAPS	Class V Common Stock	Award		+17,162,485			17,162,485	16 Jun 2021	Direct	F1, F2
transaction	MAPS	Class V Common Stock	Award		+8,469,191			8,469,191	16 Jun 2021	By LLC	F1, F2, F3
transaction	MAPS	Class V Common Stock	Award		+1,468,555			1,468,555	16 Jun 2021	By LLC	F1, F2, F4
transaction	MAPS	Class V Common Stock	Award		+600,618			600,618	16 Jun 2021	By LLC	F1, F2, F5

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	MAPS	Post-Merger Class A Units	Award	$0	+17,162,485		$0.000000	17,162,485	16 Jun 2021	Class A Common Stock	17,162,485		Direct	F2, F6
transaction	MAPS	Post-Merger Class A Units	Award	$0	+8,469,191		$0.000000	8,469,191	16 Jun 2021	Class A Common Stock	8,469,191		By LLC	F2, F3, F6
transaction	MAPS	Post-Merger Class A Units	Award	$0	+1,468,555		$0.000000	1,468,555	16 Jun 2021	Class A Common Stock	1,468,555		By LLC	F2, F4, F6
transaction	MAPS	Post-Merger Class A Units	Award	$0	+600,618		$0.000000	600,618	16 Jun 2021	Class A Common	600,618		By LLC	F2, F5, F6

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

Explanation of Responses:

Id	Content
F1	These shares of Class V common stock ("Class V Common Stock") of the Issuer (as defined below) provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Common Stock will be entitled to vote with the holders of Class A common stock ("Class A Common Stock") of the Issuer, with each share of Class V Common Stock entitling the holder to a number of votes equal to the number of Post-Merger Class A Units (as described below) held by such Class V Common Stock holder at the time of such vote.
F2	Received pursuant to the Agreement and Plan of Merger, dated as of December 10, 2020, by and among Silver Spike Acquisition Corp. ("Silver Spike"), Silver Spike Merger Sub LLC, a direct, wholly-owned subsidiary of Silver Spike ("Merger Sub"), WM Holding Company, LLC, a Delaware limited liability company ("WMH"), and Ghost Media Group, LLC, a Nevada limited liability company, solely in its capacity as the initial holder representative, pursuant to which Merger Sub was merged with and into WMH, whereupon the separate existence of Merger Sub ceased and WMH became the surviving company and continued in existence as a subsidiary of Silver Spike, which subsequently changed its name to WM Technology, Inc. (the "Issuer").
F3	Shares are held directly by Ghost Media Group, LLC ("Ghost Media") is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by Ghost Media Group, LLC.
F4	Shares are held directly by WM Founders Legacy I, LLC ("WM Founders") is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by WM Founders.
F5	Shares are held directly by Genco Incentives, LLC ("Genco") is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by Genco.
F6	These Post-Merger Class A Units represent non-voting limited liability company interests of WMH. Pursuant to the terms of an exchange agreement, these Class A units and an equivalent number of shares of Class V Common Stock are exchangeable on a one-for-one basis for shares of Class A Common Stock. These exchange rights do not expire.