Sergey Sherman - Jul 7, 2023 Form 4 Insider Report for SpringBig Holdings, Inc. (SBIG)

Role
Director
Signature
/s/ Paul Sykes, as Attorney-in-Fact
Stock symbol
SBIG
Transactions as of
Jul 7, 2023
Transactions value $
$0
Form type
4
Date filed
7/11/2023, 08:10 PM
Previous filing
Jun 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBIG Common Stock Options Exercise $0 +8.33K +33.33% $0.00 33.3K Jul 7, 2023 Notes F1, F2, F3, F4

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 Options Exercise $0 -8.33K -33.33% $0.00 16.7K Jul 7, 2023 Common Stock 8.33K Held by Tuatara Capital, LP F1, F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting on the first anniversary of the date of the grant of one-third of the 25,000 restricted stock units originally granted to the reporting person.
F2 Each restricted stock unit represents a right to acquire one share of the issuers common stock.
F3 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.
F4 Held by Tuatara Capital, LP
F5 July 7, 2023