Marco Galsim - 15 Mar 2023 Form 4 Insider Report for MARKETWISE, INC. (MKTW)

Role
Chief Information Officer
Signature
/s/ Gary Anderson, Attorney-in-fact
Issuer symbol
MKTW
Transactions as of
15 Mar 2023
Net transactions value
-$22,798
Form type
4
Filing time
17 Mar 2023, 16:27:49 UTC
Previous filing
20 Dec 2022
Next filing
25 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKTW Class A Common Stock Award $0 +125,000 +47% $0.000000 390,013 15 Mar 2023 Direct F1, F2
transaction MKTW Class A Common Stock Tax liability $22,798 -12,808 -3.3% $1.78 377,205 15 Mar 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 2,206 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.