Monument & Cathedral Holdings, LLC - 21 Jul 2021 Form 3 Insider Report for MARKETWISE, INC. (MKTW)

Role
10%+ Owner
Signature
MONUMENT & CATHEDRAL HOLDINGS, LLC By: COBBLESTONE PUBLISHING, INC., its sole manager By: /s/ Myles Norin, President
Issuer symbol
MKTW
Transactions as of
21 Jul 2021
Net transactions value
$0
Form type
3
Filing time
02 Aug 2021, 18:12:59 UTC
Next filing
13 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MKTW Class B Common Stock 112,807,518 21 Jul 2021 By Monument and Cathedral Holdings, LLC F1
holding MKTW Class B Common Stock 1,087,162 21 Jul 2021 By Myles Norin LLC F2

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 MKTW Common Units 21 Jul 2021 Class A Common Stock 112,807,518 By Monument and Cathedral Holdings, LLC F3, F4, F5
holding MKTW Common Units 21 Jul 2021 Class A Common Stock 1,087,162 By Myles Norin LLC F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities are held of record by Monument & Cathedral Holdings, LLC ("Monument & Cathedral"). Myles Norin is the President of Cobblestone Publishing, Inc., which is the sole manager of Monument & Cathedral. As a result, Mr. Norin may be deemed to beneficially own the securities held of record by Monument & Cathedral. Mr. Norin disclaims ownership of such securities cexcept to the extent of his pecuniary interest therein.
F2 The securities are held of record by Myles Norin LLC. Myles Norin is the manager of Myles Norin LLC and as a result, may be deemed to beneficially own the securities held of record by Myles Norin LLC. Mr. Norin disclaims ownership of such securities except to the extent of his pecuniary interest therein.
F3 The Common Units are redeemable 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.
F4 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.
F5 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.