Anthony Digiandomenico - Jul 25, 2023 Form 3 Insider Report for MDB Capital Holdings, LLC (MDBH)

Role
Chief of Transactions, Director, 10%+ Owner
Signature
/s/ Anthony DiGiandomenico
Stock symbol
MDBH
Transactions as of
Jul 25, 2023
Transactions value $
$0
Form type
3
Date filed
8/2/2023, 08:00 AM
Previous filing
May 3, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MDBH Class A Common Shares 26.6K Jul 25, 2023 Direct
holding MDBH Class B Common Shares 1.25M Jul 25, 2023 Direct

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
holding MDBH Restricted Stock Units for Class A Common Shares Jul 25, 2023 Class A Common Shares 500K $0.00 Direct F1
holding MDBH Restricted Stock Units for Class A Common Shares Jul 25, 2023 Class A Common Shares 500K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units vest at the rate of 20% (100,000 units) on October 24, 2024, then 10% (50,000 units) thereafter every six months, and 40% (200,000 units) on April 15, 2027, provided he is employed by the company at the vesting date.
F2 The Restricted Stock Units vest as to 500,000 units after the 13th month anniversary of the class A common shares being listed on a US national securities exchange and before April 15, 2027, if and when (y) a class A common share has traded in the market for any 90 consecutive calendar days at an average price of $20.00 or more during the period April 15, 2022 to April 15, 2027, and average monthly trading volume of 2,000,000 class A common shares or more during that 90 calendar day period, or (z) a class A common share has traded in the market for any 90 consecutive calendar days at an average price of $25.00 or more during the period April 15, 2022 and April 15, 2027; provided further, that if there is a distribution of cash, stock or other property by the Company on the class A common shares, then the foregoing average amounts of $20.00 or $25.00 will be reduced for the distribution.