Gavin Constantine Michael - Apr 17, 2023 Form 4/A - Amendment Insider Report for Bakkt Holdings, Inc. (BKKT)

Role
CEO and President, Director
Signature
/s/ Marc D'Annunzio Attorney-in-Fact for Gavin Constantine Michael
Stock symbol
BKKT
Transactions as of
Apr 17, 2023
Transactions value $
-$497,210
Form type
4/A - Amendment
Date filed
5/2/2023, 05:43 PM
Date Of Original Report
Apr 19, 2023
Previous filing
Apr 19, 2023
Next filing
Jan 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKKT Class A Common Stock Award $0 +521K +20.46% $0.00 3.06M Apr 17, 2023 Direct F1, F2
transaction BKKT Class A Common Stock Award $0 +91.1K +2.97% $0.00 3.16M Apr 17, 2023 Direct F2, F3
transaction BKKT Class A Common Stock Tax liability -$423K -288K -9.12% $1.47 2.87M Apr 17, 2023 Direct F2, F4
transaction BKKT Class A Common Stock Tax liability -$74.1K -50.4K -1.76% $1.47 2.82M Apr 17, 2023 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the issuance of shares of Class A common stock resulting from vesting of one-third of performance stock units ("PSUs") granted on 01/21/2022 and the attainment of performance goals.
F2 Includes 2,109,617 shares of Class A Common Stock subject to restricted stock units awards that remain subject to vesting.
F3 Represents the issuance of shares of Class A common stock resulting from vesting of one-third of PSUs granted on 02/01/2022 and the attainment of performance goals.
F4 In connection with the vesting of PSUs on April 17, 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 April 17, 2023.