Brenda Freeman - Sep 7, 2023 Form 4 Insider Report for WM TECHNOLOGY, INC. (MAPS)

Role
Director
Signature
Brenda Freeman, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
MAPS
Transactions as of
Sep 7, 2023
Transactions value $
-$29,527
Form type
4
Date filed
9/11/2023, 04:15 PM
Previous filing
Jun 22, 2023
Next filing
Sep 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAPS Class A Common Stock Sale -$29.5K -20.6K -6.93% $1.43 277K Sep 7, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The Reporting Person sold the number of shares of Class A common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as any related brokerage commission fees.
F2 Shares sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 9, 2023.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $1.3901 to $1.5101. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.