Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BKKT | Class A Common Stock | Conversion of derivative security | $0 | +250K | +86.96% | $0.00 | 537K | Aug 31, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BKKT | Bakkt Opco Units | Conversion of derivative security | $0 | -250K | -16.08% | $0.00 | 1.3M | Aug 31, 2022 | Class A Common Stock | 250K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Includes 287,491 shares of Class A Common Stock subject to RSUs that remain subject to vesting. |
F2 | Represents incentive units of Bakkt Management LLC, which units are, subject to certain limitations, redeemable at the request of the Reporting Person in exchange for the indicated number of common units of Bakkt Opco Holdings, LLC "(Bakkt Opco Units") and an equal number of shares of the Issuer's Class V Common Stock. |
F3 | Pursuant to the terms of an Amended and Restated Exchange Agreement dated as of May 3, 2022, subject to certain conditions, Bakkt Opco Units together with an equal number of shares of the Issuer's Class V Common Stock, are exchangeable by the Reporting Person for shares of the Issuer's Class A Common Stock on a one-for-one basis. |