David Nate Breslauer - Aug 13, 2024 Form 4 Insider Report for Bolt Projects Holdings, Inc. (BSLK)

Role
CHIEF TECHNOLOGY OFFICER, Director
Signature
/s/ Paul Joseph Slattery, Attorney-in-Fact for David Nate Breslauer
Stock symbol
BSLK
Transactions as of
Aug 13, 2024
Transactions value $
$0
Form type
4
Date filed
8/15/2024, 04:38 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSLK Common Stock Award +287K 287K Aug 13, 2024 Direct F1, F2
transaction BSLK Common Stock Award +783K 783K Aug 13, 2024 BY DAVID N. BRESLAUER FAMILY TRUST F2

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 BSLK Option (Right to Buy Common Stock) Award $0 +22.1K $0.00 22.1K Aug 13, 2024 Common Stock 22.1K $4.38 Direct F3
transaction BSLK Option (Right to Buy Common Stock) Award $0 +14.7K $0.00 14.7K Aug 13, 2024 Common Stock 14.7K $12.14 Direct F3
transaction BSLK Option (Right to Buy Common Stock) Award $0 +7.37K $0.00 7.37K Aug 13, 2024 Common Stock 7.37K $21.50 Direct F3
transaction BSLK Option (Right to Buy Common Stock) Award $0 +11.8K $0.00 11.8K Aug 13, 2024 Common Stock 11.8K $20.86 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units awarded to the Reporting Person pursuant to the Issuer's equity incentive plan, which vest (i) on each quarterly anniversary of July 20, 2021 as to 20,411 shares with respect to 1/16th of the shares subject thereto, (ii) on the first anniversary of July 2, 2024 as to 263,942 with respect to 1/6th of the shares subject thereto, and (iii) 2,263 fully earned shares.
F2 On August 13, 2024, pursuant to that certain Business Combination Agreement, dated as of October 4, 2023, by and among the Golden Arrow Merger Corp., Beam Merger Sub, Inc. ("Merger Sub") and Bolt Threads, Inc. ("Old Bolt Threads"), Merger Sub merged with and into Old Bolt Threads with Old Bolt Threads surviving as a wholly owned subsidiary of Golden Arrow Merger Corp., which changed its name to Bolt Projects Holdings, Inc. (the "Merger"). Upon consummation of the Merger each issued and outstanding share of common stock of Old Bolt Threads and restricted stock unit of Old Bolt Threads was automatically cancelled and converted into approximately 0.29489 shares of common stock of the Issuer and 0.29489 restricted stock units of the Issuer, respectively.
F3 The stock options are fully vested and exercisable.