| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BKKT | Class A Common Stock | Award | $0 | +20.3K | +3.59% | $0.00 | 587K | Mar 18, 2024 | Direct | F1, F2 |
| transaction | BKKT | Class A Common Stock | Award | $0 | +8.89K | +1.52% | $0.00 | 596K | Mar 18, 2024 | Direct | F2, F3 |
| transaction | BKKT | Class A Common Stock | Award | $0 | +43.9K | +7.37% | $0.00 | 640K | Mar 18, 2024 | Direct | F2, F4 |
| transaction | BKKT | Class A Common Stock | Award | $0 | +564K | +88.12% | $0.00 | 1.2M | Mar 18, 2024 | Direct | F5, F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | BKKT | Bakkt Opco Units | 1.2M | Mar 18, 2024 | Class A Common Stock | 1.2M | Direct | F7, F8 |
| 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 216,630 shares of Class A Common Stock subject to restricted stock units that remain subject to vesting. |
| F3 | Represents the issuance of shares of Class A common stock resulting from vesting of one-third of performance stock units ("PSUs") granted on 02/01/2022 and the attainment of performance goals. |
| F4 | Represents the issuance of shares of Class A common stock resulting from vesting of PSUs granted on 02/13/2023 and the attainment of performance goals. |
| F5 | These securities are RSUs. Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock. The RSUs shall vest in two equal annual installments on the first two anniversaries of March 18, 2024, provided that the reporting person continues to be employed by the issuer as of each vesting date. |
| F6 | Includes 780,446 shares of Class A Common Stock subject to restricted stock units that remain subject to vesting. |
| F7 | Represents incentive units of Bakkt Management LLC, which units are, subject to certain limitations, redeemable at the request of the reporting person in exchange for the indicated number of common units of Bakkt Opco Holdings, LLC "(Bakkt Opco Units") and an equal number of shares of the issuer's Class V Common Stock. |
| F8 | Pursuant to the terms of an Amended and Restated Exchange Agreement dated as of May 3, 2022, subject to certain conditions, Bakkt Opco Units together with an equal number of shares of the issuer's Class V Common Stock, are exchangeable by the Reporting Person for shares of the issuer's Class A Common Stock on a one-for-one basis. |