| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | CRWV | Class A Common Stock | 286,000 | 27 Mar 2025 | YOLO ECV Trust | F1 | |||||
| holding | CRWV | Class A Common Stock | 286,000 | 27 Mar 2025 | YOLO APV Trust | F2 | |||||
| holding | CRWV | Class A Common Stock | 22,500 | 27 Mar 2025 | See Footnote | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | CRWV | Class B Common Stock | 27 Mar 2025 | Class A Common Stock | 14,284,000 | Direct | F4, F5 | |||||||
| holding | CRWV | Series A Preferred Stock | 27 Mar 2025 | Class A Common Stock | 123,820 | Direct | F6 | |||||||
| holding | CRWV | Class B Common Stock | 27 Mar 2025 | Class A Common Stock | 6,837,000 | West Clay Capital LLC | F4, F5, F7 | |||||||
| holding | CRWV | Class B Common Stock | 27 Mar 2025 | Class A Common Stock | 5,500,000 | 2023 Venturo Family GRAT dated June 30, 2023 | F4, F5, F8 | |||||||
| holding | CRWV | Class B Common Stock | 27 Mar 2025 | Class A Common Stock | 2,000,000 | Venturo Family 2024 Friends and Family GRAT | F4, F5, F9 | |||||||
| holding | CRWV | Class B Common Stock | 27 Mar 2025 | Class A Common Stock | 2,001,900 | By Spouse | F4, F5, F10 | |||||||
| holding | CRWV | Class B Common Stock | 27 Mar 2025 | Class A Common Stock | 4,271,000 | Venturo Family GST Exempt Trust dated June 30, 2023 | F4, F5, F11 | |||||||
| holding | CRWV | Stock Option (Right to Buy) | 27 Mar 2025 | Class A Common Stock | 2,400,000 | $0.1300 | Direct | F12, F13 | ||||||
| holding | CRWV | Stock Option (Right to Buy) | 27 Mar 2025 | Class A Common Stock | 500,000 | $1.07 | Direct | F13, F14 | ||||||
| holding | CRWV | Stock Option (Right to Buy) | 27 Mar 2025 | Class A Common Stock | 3,000 | $2.80 | Direct | F13, F15 | ||||||
| holding | CRWV | Stock Option (Right to Buy) | 27 Mar 2025 | Class A Common Stock | 2,000,000 | $2.80 | Direct | F13, F16 | ||||||
| holding | CRWV | Restricted Stock Units | 27 Mar 2025 | Class A Common Stock | 1,750,000 | Direct | F17, F18, F19 | |||||||
| holding | CRWV | Restricted Stock Units | 27 Mar 2025 | Class A Common Stock | 278,260 | Direct | F18, F19, F20 |
| Id | Content |
|---|---|
| F1 | The reported securities are directly held by the YOLO ECV Trust (the "ECV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the ECV Trust's trustee. |
| F2 | The reported securities are directly held by the YOLO APV Trust (the "APV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the APV Trust's trustee. |
| F3 | The reported securities are directly held by the Estate of Patricia Shafi (the "Estate"). A member of the reporting person's household serves as executor of the Estate and in such capacity exercises voting and investment discretion over securities held by the Estate. The reporting person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest, if any. |
| F4 | Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value. |
| F5 | A holder's shares of Class B Common Stock convert automatically upon certain transfers and may be subject to mandatory conversion into Class A Common Stock upon the occurrence of certain events described in the Issuer's Amended and Restated Certificate of Incorporation. |
| F6 | Pursuant to the Issuer's Amended and Restated Certificate of Incorporation, each share of Series A Convertible Preferred Stock ("Preferred Stock") may be converted, at the option of the holder, at any time. In connection with the completion of the Issuer's initial public offering of its Class A Common Stock, each share of Preferred Stock shall automatically convert into shares of Class A Common Stock at a ratio of 1-for-1. The securities have no expiration date. |
| F7 | The reported securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member. |
| F8 | The reported securities are directly held by 2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary. |
| F9 | The reported securities are directly held by Venturo Family 2024 Friends and Family GRAT, of which the reporting person is the sole trustee and beneficiary. |
| F10 | The reported securities are directly held by the reporting person's spouse. |
| F11 | The reported securities are directly held by Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and his spouse and minor children are beneficiaries. |
| F12 | The option is fully vested. Pursuant to the terms of the reporting person's award agreement with the Issuer, the award became fully vested on August 31, 2023. |
| F13 | Pursuant to the terms of the award agreement entered into by and between the reporting person and the Issuer, this stock option is exercisable for shares of Class A Common Stock. Notwithstanding, the reporting person has the right to exchange shares to be received upon exercise of this stock option for an equal number of shares of Class B Common Stock, in accordance with a separate agreement entered into by and between the reporting person and the Issuer, which was approved by the Issuer's board of directors. |
| F14 | The option vested or vests as to 1/48 of the total award monthly, with the first tranche vesting on January 29, 2023, and each subsequent tranche vesting on the monthly anniversary thereof, subject to the reporting person's continued service to the Issuer on each vesting date. |
| F15 | The option vested as to 1/4 of the total award on June 28, 2024, and thereafter vested or vests as to 1/48 of the total award on the monthly anniversary thereof, subject to the reporting person's continued service to the Issuer on each vesting date. |
| F16 | The option vested or vests as to 1/48 of the total award monthly, with the first tranche vesting on August 16, 2023, and each subsequent tranche vesting on the monthly anniversary thereof, subject to the reporting person's continued service to the Issuer on each vesting date. |
| F17 | The award was granted subject to a performance-based vesting condition which was satisfied in connection with the Issuer's initial public offering, as well as a service-based vesting schedule. The award vests as to 1/16 of the total award on the last day of March, June, September, and December, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche time-vesting on March 31, 2025. Notwithstanding the aforementioned vesting schedule, settlement of the vested portion of the award has been deferred pursuant to an amendment approved by the Issuer's board of directors. |
| F18 | These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. |
| F19 | Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. |
| F20 | The award was granted subject to a performance-based vesting condition which was satisfied in connection with the Issuer's initial public offering, as well as a service-based vesting schedule. The award shall vest as to 1/16 of the total award quarterly on the last day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vesting on June 30, 2025. |