Nicolleta Goncalves - 14 Feb 2025 Form 4 Insider Report for Fold Holdings, Inc. (FLD)

Role: VP of Risk and Compliance
Signature: /s/ Will Reeves, Attorney-in-Fact
Issuer symbol: FLD
Transactions as of: 14 Feb 2025
Net transactions value: $0
Form type: 4
Filing time: 11 Mar 2025, 21:49:42 UTC
SEC: View on sec.gov

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	FLD	Restricted Stock Units	Award		+66,417			66,417	14 Feb 2025	Common Stock	66,417		Direct	F1, F2, F3
transaction	FLD	Restricted Stock Units	Award		+23,971			23,971	14 Feb 2025	Common Stock	23,971		Direct	F1, F2, F4
transaction	FLD	Restricted Stock Units	Award		+42,091			42,091	14 Feb 2025	Common Stock	42,091		Direct	F1, F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Not applicable.
F2	Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of July 24, 2024 (the "Merger Agreement"), by and among the Issuer (formerly FTAC Emerald Acquisition Corp.), FTAC EMLD Merger Sub Inc. and Fold, Inc. ("Legacy Fold"), pursuant to which each outstanding Legacy Fold RSU Award was automatically converted into an award of restricted stock units covering a number of shares of the Issuer's Common Stock based on the exchange ratio described in the Issuer's Registration Statement on Form S-4, as amended (Reg. No. 333-282520).
F3	The restricted stock units vest as to one-fourth of the underlying shares beginning on January 18, 2023 and thereafter in 48 equal monthly installments, subject to Ms. Goncalves' continued service through the applicable vesting date and a liquidity event vesting condition. The liquidity event vesting condition is satisfied upon the first to occur, on or prior to the seventh anniversary of the grant date, of a change in control of the Issuer or an initial public offering of the Issuer Common Stock.
F4	The restricted stock units vest as to one-fourth of the underlying shares beginning on May 19, 2023 and thereafter in 48 equal monthly installments, subject to Ms. Goncalves' continued service through the applicable vesting date and a liquidity event vesting condition. The liquidity event vesting condition is satisfied upon the first to occur, on or prior to the seventh anniversary of the grant date, of a change in control of the Issuer or an initial public offering of the Issuer Common Stock.
F5	The restricted stock units vest as to one-fourth of the underlying shares beginning on September 1, 2024 and thereafter in 48 equal monthly installments, subject to Ms. Goncalves' continued service through the applicable vesting date and a liquidity event vesting condition. The liquidity event vesting condition is satisfied upon the first to occur, on or prior to the seventh anniversary of the grant date, of a change in control of the Issuer or an initial public offering of the Issuer Common Stock.