Glenn H. Tongue - 11 Aug 2023 Form 4 Insider Report for MARKETWISE, INC. (MKTW)

Role
Director
Signature
/s/ Gary Anderson, Attorney-in-Fact
Issuer symbol
MKTW
Transactions as of
11 Aug 2023
Net transactions value
+$11,628
Form type
4
Filing time
15 Aug 2023, 16:04:56 UTC
Previous filing
05 Jul 2023
Next filing
13 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKTW Class A Common Stock Purchase $11,628 +6,800 +461% $1.71 8,274 11 Aug 2023 by Deerhaven Fund LP. F1, F2
holding MKTW Class A Common Stock 73,540 11 Aug 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $1.69 to $1.80, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
F2 Includes 1,474 shares of Class A common stock inadvertently reported as directly owned in the Reporting Person's Form 3 filed on May 11, 2023. The shares are held directly by Deerhaven Fund L.P. The Reporting Person is the general partner of Deerhaven Fund LP.