Mark Patrick Arnold - 21 Jul 2021 Form 4 Insider Report for MARKETWISE, INC. (MKTW)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
23 Jul 2021, 21:48:02 UTC
Next SEC filing
04 Oct 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Gary Anderson, Attorney-in-fact

Key filing fact

Mark Patrick Arnold filed Form 4 for MARKETWISE, INC. (MKTW) on 23 Jul 2021.

Key facts

  • This page summarizes Mark Patrick Arnold's Form 4 filing for MARKETWISE, INC. (MKTW).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 23 Jul 2021, 21:48.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MKTW transaction

Class B Common Stock

Award

Transaction value
$0
Shares
+11,261,859
Change %
Price
$0.000000
Shares after
11,261,859
Date
21 Jul 2021
Ownership
Direct
MKTW transaction

Class B Common Stock

Award

Transaction value
$0
Shares
+4,059,962
Change %
Price
$0.000000
Shares after
4,059,962
Date
21 Jul 2021
Ownership
By Trust

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MKTW transaction Derivative

Common Units

Award

Transaction value
$0
Shares
+11,261,859
Change %
Price
$0.000000
Shares after
11,261,859
Date
21 Jul 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
11,261,859
Exercise price
Footnotes
F1, F2, F3
MKTW transaction Derivative

Common Units

Award

Transaction value
$0
Shares
+4,059,962
Change %
Price
$0.000000
Shares after
4,059,962
Date
21 Jul 2021
Ownership
By Trust
Underlying class
Class A Common Stock
Underlying amount
4,059,962
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Upon the redemption of any Common Units, a number of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.

Footnote F2

Represents Common Units received as consideration for LLC units of MarketWise, LLC in connection with the Business Combination Agreement, as defined and described in the Issuer's prospectus filed with the Securities and Exchange Commission on July 1, 2021.

Footnote F3

The Common Units are redeemable at any time by the Reporting Person for, at the election of the Issuer, newly-issued Class A common stock on a one-for-one basis or a cash payment equal to the volume weighted average market price of one Class A common stock for each Common Unit redeemed. Upon the redemption of any Common Units, a number of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.

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