Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MKTW | Class B Common Stock | Other | -500K | -0.81% | 61.5M | Aug 22, 2023 | Direct | F1 | ||
transaction | MKTW | Class A Common Stock | Other | +500K | +17.54% | 3.35M | Aug 22, 2023 | Direct | F1 | ||
transaction | MKTW | Class A Common Stock | Sale | -$48.5K | -32.5K | -0.97% | $1.49 | 3.32M | Aug 22, 2023 | Direct | |
transaction | MKTW | Class A Common Stock | Sale | -$51.8K | -36K | -1.08% | $1.44 | 3.28M | Aug 23, 2023 | Direct | |
transaction | MKTW | Class A Common Stock | Sale | -$78.1K | -55K | -1.68% | $1.42 | 3.23M | Aug 24, 2023 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MKTW | Common Units | Conversion of derivative security | -500K | -0.81% | 61.5M | Aug 22, 2023 | Class A Common Stock | 500K | Direct | F1 |
Id | Content |
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F1 | The Reporting Person originally received Common Units and Class B Common Stock as consideration for LLC units of MarketWise, LLC in connection with the Business Combination Agreement, as defined and described in the Issuer's prospectus filed with the Securities and Exchange Commission on July 1, 2021. The Common Units are redeemable for shares of Class A Common Stock on a one-for-one basis at the option of the holder. Upon the redemption of any Common Units, a number of Class B Common Stock equal to the number of Common Units that are redeemed are cancelled by the Issuer for no consideration. On August 22, 2023, the Reporting Person redeemed 500,000 Common Units for Class A Common Stock on a one-for-one basis. As a result of the redemption, 500,000 Class B Common Stock beneficially owned by the Reporting Person were cancelled and the Reporting Person acquired 500,000 Class A Common Stock. |