Erik Mickels - Sep 8, 2023 Form 4 Insider Report for MARKETWISE, INC. (MKTW)

Role
Chief Financial Officer
Signature
/s/ Gary Anderson, Attorney-in-Fact
Stock symbol
MKTW
Transactions as of
Sep 8, 2023
Transactions value $
-$114,885
Form type
4
Date filed
9/12/2023, 04:04 PM
Previous filing
Aug 29, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKTW Class A Common Stock Award $0 +500K +3359.09% $0.00 515K Sep 8, 2023 Direct F1
transaction MKTW Class A Common Stock Tax liability -$115K -83.3K -16.17% $1.38 432K Sep 8, 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.