Steven P. Mullins - Aug 4, 2023 Form 3 Insider Report for Bloom HoldCo LLC (N/A)

Role
Chief Financial Officer; member of the limited liability company's board of managers., Chief Financial Officer; member of the limited liability company's board of managers.
Signature
/s/ Steve Mullins by Diana Bushard, Attorney in Fact
Stock symbol
N/A
Transactions as of
Aug 4, 2023
Transactions value $
$0
Form type
3
Date filed
8/4/2023, 04:25 PM
Previous filing
Nov 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding N/A BLT Token 0.49 Aug 4, 2023 Through a sole proprietorship F1

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
holding N/A Restricted Stock Units Aug 4, 2023 Bloom HoldCo LLC Units 100 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 SPM Consulting, a Virginia sole proprietorship, directly holds the BLT Tokens of the Issuer. Mr. Mullins [has exclusive voting and investment control over the BLT Tokens held by SPM Consulting, and therefore may be deemed to beneficially own such BLT Tokens. The BLT Tokens do not carry any economic rights, do not entitle the holder thereof to voting rights, are not convertible into any other securities of the Issuer, and do not expire.
F2 Award granted under the Bloom HoldCo LLC Amended and Restated 2019 Equity Incentive Plan on August 13, 2021. The award, if not vested, expires ten years from the grant date. The 100 Restricted Stock Units entitle Mr. Mullins to receive, upon vesting, 100 units of Bloom HoldCo LLC, each of which shall be "nonvoting" limited liability company units in accordance with the Bloom HoldCo LLC Second Amended and Restated Limited Liability Operating Agreement. The Restricted Stock Units do not have economic rights.
F3 The Restricted Stock Units represent the right to receive the value of a number of Bloom HoldCo LLC units at a specified date in the future and are subject to vesting based on service, time-based vesting requirements and/or achievement of performance conditions, including the occurrence of a "liquidity event" (as such term is defined in the Bloom HoldCo LLC Amended and Restated 2019 Equity Incentive Plan). The time vesting criteria have been satisfied with respect to all of the Restricted Stock Units held by Mr. Mullins; however, a liquidity event has not occurred and there is no assurance that one will take place. Accordingly, the Restricted Stock Units held by Mr. Mullins are not vested.

Remarks:

Chief Financial Officer; member of the limited liability company's board of managers.