Michael Leroy Lewis - Feb 24, 2023 Form 4 Insider Report for Bakkt Holdings, Inc. (BKKT)

Role
Chief Engineering Officer
Signature
/s/ Marc D'Annunzio Attorney-in-Fact for Michael Leroy Lewis
Stock symbol
BKKT
Transactions as of
Feb 24, 2023
Transactions value $
$0
Form type
4
Date filed
2/28/2023, 04:00 PM
Previous filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKKT Class A Common Stock Award $0 +141K +50.51% $0.00 420K Feb 24, 2023 Direct F1, F2
transaction BKKT Class A Common Stock Award $0 +50K +11.9% $0.00 470K Feb 24, 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock. The RSUs shall vest in three equal annual installments on the first three anniversaries of February 13, 2023, provided that the reporting person continues to be employed by the issuer as of each vesting date.
F2 Includes 333,320 shares of Class A Common Stock subject to RSU awards that remain subject to vesting.
F3 These securities are RSU. 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 February 13, 2023, provided that the reporting person continues to be employed by the issuer as of each vesting date.
F4 Includes 383,320 shares of Class A Common Stock subject to RSU awards that remain subject to vesting.