Douglas Francis - Aug 26, 2021 Form 4 Insider Report for WM TECHNOLOGY, INC. (MAPS)

Signature
Douglas Francis, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
MAPS
Transactions as of
Aug 26, 2021
Transactions value $
$0
Form type
4
Date filed
11/3/2021, 04:35 PM
Previous filing
Jun 21, 2021
Next filing
Apr 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAPS Common Stock Award $0 +30.3K $0.00 30.3K Aug 26, 2021 Direct F1
holding MAPS Class V Common Stock 17.2M Aug 26, 2021 Direct F2
holding MAPS Class V Common Stock 8.47M Aug 26, 2021 By LLC F2, F3
holding MAPS Class V Common Stock 1.47M Aug 26, 2021 By LLC F2, F4
holding MAPS Class V Common Stock 601K Aug 26, 2021 By LLC F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Common Stock underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Common Stock. 1/3rd of the shares underlying the RSUs shall vest on the first, second and third anniversaries of June 16, 2021, subject to the Reporting Person remaining in Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan) through such vesting date.
F2 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.
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.