Douglas Francis - 08 Jun 2022 Form 4 Insider Report for WM TECHNOLOGY, INC. (MAPS)

Role: Director, 10%+ Owner
Signature: Douglas Francis, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol: MAPS
Transactions as of: 08 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 10 Jun 2022, 17:33:24 UTC
Previous filing: 19 Apr 2022
Next filing: 21 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MAPS	Class A Common Stock	Conversion of derivative security	$0	+1,818,182	+62%	$0.000000	4,760,947	08 Jun 2022	Direct
transaction	MAPS	Class V Common Stock	Conversion of derivative security	$0	-1,818,182	-13%	$0.000000	12,431,818	08 Jun 2022	Direct	F1
holding	MAPS	Class V Common Stock						8,469,191	08 Jun 2022	By LLC	F1, F2
holding	MAPS	Class V Common Stock						1,468,555	08 Jun 2022	By LLC	F1, F3
holding	MAPS	Class V Common Stock						600,618	08 Jun 2022	By LLC	F1, F4

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	Conversion of derivative security	$0	-1,818,182	-13%	$0.000000	12,431,818	08 Jun 2022	Class A Common Stock	1,818,182		Direct	F5
holding	MAPS	Post-Merger Class A Units						8,469,191	08 Jun 2022	Class A Common Stock	8,469,191		By LLC	F2, F5
holding	MAPS	Post-Merger Class A Units						1,468,555	08 Jun 2022	Class A Common Stock	1,468,555		By LLC	F3, F5
holding	MAPS	Post-Merger Class A Units						600,618	08 Jun 2022	Class A Common	600,618		By LLC	F4, F5

* 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	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.
F3	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.
F4	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.
F5	These Post-Merger Class A Units represent non-voting limited liability company interests of WM Holding Company, LLC. 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.