Tony Aquila - 18 Jun 2021 Form 4 Insider Report for Silver Spike Acquisition Corp. (MAPS)

Role
Director
Signature
Tony Aquila, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
MAPS
Transactions as of
18 Jun 2021
Net transactions value
$0
Form type
4
Filing time
21 Jun 2021, 16:31:12 UTC
Previous filing
21 Jun 2021
Next filing
03 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAPS Class A Common Stock Award $0 +1,250,000 $0.000000 1,250,000 18 Jun 2021 Direct
transaction MAPS Class A Common Stock Award $0 +2,500,000 $0.000000 2,500,000 18 Jun 2021 By LLC F1, F2
transaction MAPS Class A Common Stock Award $0 +1,100,000 $0.000000 1,100,000 18 Jun 2021 By LLC F1, F3
transaction MAPS Class A Common Stock Award $0 +50,000 $0.000000 50,000 18 Jun 2021 By Trust F1, F4
transaction MAPS Class A Common Stock Award $0 +50,000 $0.000000 50,000 18 Jun 2021 By Trust F1, F5
transaction MAPS Class A Common Stock Award $0 +50,000 $0.000000 50,000 18 Jun 2021 By Trust F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously disclosed, in December 2020, the Issuer entered into subscription agreements with certain investors (the "PIPE investors") pursuant to which such investors agreed to purchase, immediately prior to the closing of the Business Combination, an aggregate of $325,000,000 of the Issuer's shares of Class A Common Stock at a price of $10.00 per share, or an aggregate of 32,500,000 shares of Class A Common Stock. AFV Partners SPV-5 LLC ("AFV 5"), AFV Partners SPV-6 LLC ("AFV 6"), Aquila 2007 Irrevocable Trust U/A FBO Elliott Aquila DTD 05/10/2007 ("Elliott Trust), Aquila 2007 Irrevocable Trust U/A FBO Cecily Aquila DTD 05/10/2007 ("Cecily Trust") and Aquila 2007 Irrevocable Trust U/A FBO Christopher Aquila DTD 05/10/2007 ("Christopher Trust") are among the PIPE Investors.
F2 Shares are held directly by AFV 5. Reporting Person is the Chairman and CEO of AFV Partners LLC, which exercises ultimate voting and investment power with respect to the shares held by AFV 5. Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F3 Shares are held directly by AFV 6. Reporting Person is the Chairman and CEO of AFV Partners LLC, which exercises ultimate voting and investment power with respect to the shares held by AFV 6. Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F4 Shares are held directly by Elliott Trust.
F5 Shares are held directly by Cecily Trust.
F6 Shares are held directly by Christopher Trust.