Gavin Constantine Michael - 25 Jan 2024 Form 4 Insider Report for Bakkt Holdings, Inc. (BKKT)

Signature
/s/ Marc D'Annunzio Attorney-in-Fact for Gavin Constantine Michael
Issuer symbol
BKKT
Transactions as of
25 Jan 2024
Net transactions value
-$534,780
Form type
4
Filing time
29 Jan 2024, 21:09:51 UTC
Previous filing
02 May 2023
Next filing
09 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKKT Class A Common Stock Tax liability $534,780 -384,734 -14% $1.39 2,432,079 25 Jan 2024 Direct F1, F2
* 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 January 21, 2024, 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 January 19, 2024.
F2 Includes 1,422,557 shares of Class A Common Stock subject to restricted stock units awards that remain subject to vesting.