Karen Alexander - 26 Aug 2023 Form 4 Insider Report for Bakkt Holdings, Inc. (BKKT)

Role
Chief Financial Officer
Signature
/s/ Marc D'Annunzio Attorney-in-Fact for Karen Alexander
Issuer symbol
BKKT
Transactions as of
26 Aug 2023
Net transactions value
-$27,391
Form type
4
Filing time
29 Aug 2023, 17:54:29 UTC
Previous filing
19 Apr 2023
Next filing
02 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKKT Class A Common Stock Tax liability $15,585 -11,897 -2.9% $1.31 398,982 26 Aug 2023 Direct F1, F2
transaction BKKT Class A Common Stock Tax liability $11,806 -9,012 -2.3% $1.31 389,970 26 Aug 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting of restricted stock units on August 26, 2023, the issuer withheld Class A Common Stock that would otherwise have been issued to the reporting person to satisfy such person's tax withholding obligations. The number of shares withheld was determined based on the closing price per share of Class A Common Stock on August 25, 2023.
F2 Includes 357,545 shares of Class A Common Stock subject to restricted stock units awards that remain subject to vesting.
F3 In connection with the vesting of performance stock units on August 26, 2023, the issuer withheld Class A Common Stock that would otherwise have been issued to the reporting person to satisfy such person's tax withholding obligations. The number of shares withheld was determined based on the closing price per share of Class A Common Stock on August 25, 2023.
F4 Includes 332,546 shares of Class A Common Stock subject to restricted stock units awards that remain subject to vesting.