Karen Alexander - 15 Feb 2022 Form 4 Insider Report for Bakkt Holdings, Inc. (BKKT)

Role: Chief Accounting Officer
Signature: /s/ Marc D'Annunzio Attorney-in-Fact for Karen Alexander
Issuer symbol: BKKT
Transactions as of: 15 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Feb 2022, 17:59:05 UTC
Previous filing: 23 Dec 2021
Next filing: 12 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BKKT	Class A Common Stock	Award	$0	+36,455	+49%	$0.000000	111,455	15 Feb 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	These securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. Subject to the Reporting Person's continuing employment with the Issuer, the RSU will vest in three equal annual installments on the first three anniversaries of February 1, 2022, provided that the Reporting Person continues to be employed by the Issuer as of each vest date.
F2	Includes 111,455 shares of Class A Common Stock subject to RSUs that remain subject to vesting.

Content

These securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. Subject to the Reporting Person's continuing employment with the Issuer, the RSU will vest in three equal annual installments on the first three anniversaries of February 1, 2022, provided that the Reporting Person continues to be employed by the Issuer as of each vest date.

Includes 111,455 shares of Class A Common Stock subject to RSUs that remain subject to vesting.