Marco Galsim - Mar 15, 2024 Form 4 Insider Report for MARKETWISE, INC. (MKTW)

Signature
/s/ Scott Forney, Attorney-in-Fact
Stock symbol
MKTW
Transactions as of
Mar 15, 2024
Transactions value $
-$44,341
Form type
4
Date filed
3/19/2024, 04:54 PM
Previous filing
Jul 25, 2023
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKTW Class A Common Stock Award $0 +100K +26.46% $0.00 478K Mar 15, 2024 Direct F1, F2
transaction MKTW Class A Common Stock Tax liability -$44.3K -23.2K -4.86% $1.91 455K Mar 15, 2024 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, 2024, with the first installment vesting on March 15, 2025.
F2 Includes 2,350 shares of Class A Common Stock acquired pursuant to the Issuer's employee stock purchase plan on December 31, 2023.
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.