Cynthia Suzanne Cherry - Mar 15, 2023 Form 4 Insider Report for MARKETWISE, INC. (MKTW)

Role
Chief Human Resources Officer
Signature
/s/ Gary Anderson, Attorney-in-fact
Stock symbol
MKTW
Transactions as of
Mar 15, 2023
Transactions value $
-$22,798
Form type
4
Date filed
3/17/2023, 04:22 PM
Previous filing
Dec 20, 2022
Next filing
Jul 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKTW Class A Common Stock Award $0 +125K +46.48% $0.00 394K Mar 15, 2023 Direct F1, F2
transaction MKTW Class A Common Stock Tax liability -$22.8K -12.8K -3.25% $1.78 381K Mar 15, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units that vest in four equal annual installments commencing on March 15, 2023, with the first installment vesting on March 15, 2024.
F2 Includes 5,000 shares of Class A Common Stock acquired pursuant to the Issuer's employee stock purchase plan on December 31, 2022.
F3 This transaction is not a sale of shares by the Reporting Person. This represents shares that have been withheld by the Issuer to satisfy its tax withholdings and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units.