Sergey Sherman - Aug 22, 2022 Form 4 Insider Report for SpringBig Holdings, Inc. (SBIG)

Role
Director
Signature
/s/ Paul Sykes, Attorney-in-Fact
Stock symbol
SBIG
Transactions as of
Aug 22, 2022
Transactions value $
$0
Form type
4
Date filed
8/24/2022, 06:49 PM
Next filing
Jun 28, 2023

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
transaction SBIG Restricted Stock Units Award $0 +25K $0.00 25K Aug 22, 2022 Common Stock 25K Held by Tuatara Capital, LP F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Sherman has entered into an agreement pursuant to which he has agreed that all equity awards that would otherwise have been granted to him for his service as director of the Issuer are held, from the date of grant, directly by Tuatara Capital, LP. Solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, Tuatara Capital, LP may be deemed a director by deputization with respect to the Issuer. Mr. Sherman disclaims beneficial ownership of all securities reported herein except to the extent of his pecuniary interest therein, if any.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock of SpringBig Holdings, Inc.
F3 Restricted stock units vest one-third per year beginning on the first anniversary of the date of grant.