Steven Jung - 16 Jun 2021 Form 4 Insider Report for Silver Spike Acquisition Corp. (MAPS)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
21 Jun 2021, 16:22:29 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Steven Jung, by /s/ Ron A> Metzger, Attorney-in-Fact

Key filing fact

Steven Jung filed Form 4 for Silver Spike Acquisition Corp. (MAPS) on 21 Jun 2021.

Key facts

  • This page summarizes Steven Jung's Form 4 filing for Silver Spike Acquisition Corp. (MAPS).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 21 Jun 2021, 16:22.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MAPS transaction Derivative

Post-Merger Class P Units

Award

Transaction value
$0
Shares
+1,531,332
Change %
Price
$0.000000
Shares after
1,531,332
Date
16 Jun 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,531,332
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

These Post-Merger WMH Class P Units represent non-voting limited liability company interests of WMH. Pursuant to the terms of an exchange agreement, each of these Class P units, upon vesting, is exchangeable into up to one share of Class A Common Stock at a variable exchange ratio that accounts for the participation threshold of the exchanged post-merger Class P Units. These exchange rights do not expire.

Footnote F2

Received pursuant to the Agreement and Plan of Merger, dated as of December 10, 2020, by and among Silver Spike Acquisition Corp. ("Silver Spike"), Silver Spike Merger Sub LLC, a direct, wholly-owned subsidiary of Silver Spike ("Merger Sub"), WM Holding Company, LLC, a Delaware limited liability company ("WMH"), and Ghost Media Group, LLC, a Nevada limited liability company, solely in its capacity as the initial holder representative, pursuant to which Merger Sub was merged with and into WMH, whereupon the separate existence of Merger Sub ceased and WMH became the surviving company and continued in existence as a subsidiary of Silver Spike, which subsequently changed its name to WM Technology, Inc. (the "Issuer").

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