Andrew A. Main - 26 Mar 2024 Form 4 Insider Report for Bakkt Holdings, Inc. (BKKT)

Role: CHIEF EXEC OFFICER & PRESIDENT, Director
Signature: /s/ Mark D'Annunzio Attorney-in-Fact for Andrew A. Main
Issuer symbol: BKKT
Transactions as of: 26 Mar 2024
Net transactions value: $0
Form type: 4
Filing time: 26 Mar 2024, 16:33:49 UTC
Previous filing: 08 Jun 2023
Next filing: 18 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BKKT	Class A Common Stock	Award	$0	+9,146,341	+2935%	$0.000000	9,457,983	26 Mar 2024	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	These securities are Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. 40% of the RSUs shall vest on the one year anniversary of the grant date and 30% of the RSUs shall vest on each of the second and third year anniversaries of the grant date, provided that the Reporting Person continues to provide services to the Issuer through each such date.
F2	Includes 9,146,341 shares of Class A Common Stock subject to RSUs that remain subject to vesting.

Content

These securities are Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. 40% of the RSUs shall vest on the one year anniversary of the grant date and 30% of the RSUs shall vest on each of the second and third year anniversaries of the grant date, provided that the Reporting Person continues to provide services to the Issuer through each such date.

Includes 9,146,341 shares of Class A Common Stock subject to RSUs that remain subject to vesting.