Erik Mickels - 08 Sep 2023 Form 4 Insider Report for MARKETWISE, INC. (MKTW)

Role
Chief Financial Officer
Signature
/s/ Gary Anderson, Attorney-in-Fact
Issuer symbol
MKTW
Transactions as of
08 Sep 2023
Net transactions value
-$114,885
Form type
4
Filing time
12 Sep 2023, 16:04:27 UTC
Previous filing
29 Aug 2023
Next filing
19 Mar 2024
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 +500,000 +3359% $0.000000 514,885 08 Sep 2023 Direct F1
transaction MKTW Class A Common Stock Tax liability $114,885 -83,250 -16% $1.38 431,635 08 Sep 2023 Direct F2
* 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, 50% of which vested immediately upon grant, with the remaining 50% vesting equally on March 15, 2025 and March 15, 2026, respectively, subject to the Reporting Person's continued employment through the applicable vesting date.
F2 Represents shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding obligations on the vesting and settlement of restricted stock units.