Navin Anand - Jun 14, 2022 Form 3 Insider Report for SpringBig Holdings, Inc. (SBIG)

Signature
/s/ Paul Sykes, as Attorney-in-Fact
Stock symbol
SBIG
Transactions as of
Jun 14, 2022
Transactions value $
$0
Form type
3
Date filed
6/17/2022, 05:35 PM
Next filing
Aug 24, 2022

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 SBIG Stock Option Jun 14, 2022 Common Stock 163K $1.26 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Half of the stock options are fully vested and exercisable and the remainder become exercisable and vest in equal monthly installments over a twenty-four month period following the closing of the business combination under the Amended and Restated Agreement andPlan of Merger, dated as of April 14, 2022, as amended by Amendment No. 1, dated as of May 4, 2022 , by and among Tuatara Capital Acquisition Corp., HighJump Merger Sub, Inc., and SpringBig, Inc. that occurred on June 14, 2022..