Golden Arrow Sponsor, LLC - Mar 16, 2023 Form 4/A - Amendment Insider Report for Bolt Projects Holdings, Inc. (BSLK)

Role
10%+ Owner
Signature
/s/ Tricia Branker, Attorney-in-Fact
Stock symbol
BSLK
Transactions as of
Mar 16, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
8/21/2024, 09:06 PM
Date Of Original Report
Aug 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSLK Class A Common Stock Conversion of derivative security +7.05M 7.05M Mar 16, 2023 Direct F1, F2
transaction BSLK Common Stock Award +2.62M +37.11% 9.66M Aug 13, 2024 Direct F2, F3

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 Class B Common Stock Conversion of derivative security -7.05M -100% 0 Mar 16, 2023 Class A Common Stock 7.05M Direct F1, F2
transaction BSLK Warrants Other $0 +5M $0.00 5M Aug 13, 2024 Common Stock 5M $11.50 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 16, 2023, the Reporting Person voluntarily converted its 7,047,500 shares of Class B common stock of Golden Arrow Merger Corp. ("GAMC") into 7,047,500 shares of Class A common stock of GAMC. Pursuant to the Business Combination Agreement (defined below) each share of Class A common stock of GAMC was automatically converted into a share of common stock of Bolt Projects Holdings, Inc. (the "Issuer").
F2 The securities are held directly by the Reporting Person. The Reporting Person is controlled by Timothy Babich, Jacob Doft, Lance Hirt and Andrew Rechtschaffen. Accordingly, Messrs. Babich, Doft, Hirt and Rechtschaffen share voting and dispositive power over these securities held by the Reporting Person and may be deemed to beneficially own such shares. Each of Messrs. Babich, Doft, Hirt and Rechtschaffen disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
F3 Represents 2,615,202 shares of common stock of Bolt Projects Holdings, Inc. (the "Issuer") received upon the conversion of convertible promissory notes issued by Bolt Threads, Inc. ("Bolt Threads"), a Delaware corporation, immediately prior to the closing of the business combination (the "Closing") by and among GAMC, Beam Merger Sub, Inc. ("Merger Sub"), a Delaware corporation, and Bolt Threads, pursuant to a business combination agreement entered into on October 4, 2023 (as amended, the "Business Combination Agreement"). At the Closing, Merger Sub merged with and into Bolt Threads, with Bolt Threads surviving the merger and becoming a wholly-owned direct subsidiary of GAMC, and the Issuer was renamed to Bolt Projects Holdings, Inc.
F4 This Form 4/A is being filed to include the amount of private placement warrants beneficially owned by the Sponsor, which was inadvertently omitted in the original Form 4 filed on August 15, 2024. These warrants will become exercisable 30 days after the Closing and expire five years after the Closing, as described in the Registration Statement.