Key facts
- This page summarizes Christopher Beals's Form 4 filing for WM TECHNOLOGY, INC. (MAPS).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 24 Aug 2022, 20:16.
Christopher Beals - 23 Aug 2022 Form 4 Insider Report for WM TECHNOLOGY, INC. (MAPS)
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- MAPS
- Reported as of
- 23 Aug 2022
- Net transaction value
- -$121,045
- SEC form
- 4
- Accepted by SEC
- 24 Aug 2022, 20:16:56 UTC
- Prior SEC filing
- 19 May 2022
- Source filing
- View source filing
- Reporting owner signature
- Christopher Beals, by /s/ Ron A. Metzger, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Christopher Beals filed Form 4 for WM TECHNOLOGY, INC. (MAPS) on 24 Aug 2022.
Change
- Previous filing in this sequence was filed on 19 May 2022.
- Current net transaction value: -$121,045.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MAPS
transaction
Class A Common Stock
Sale
- Transaction value
- $121,045
- Shares
- -45,655
- Change %
- -6.5%
- Price
- $2.65
- Shares after
- 656,638
- Date
- 23 Aug 2022
- Ownership
- Direct
- Footnotes
- F1, F2
MAPS
holding
Class V Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 6,166,819
- Date
- 23 Aug 2022
- Ownership
- Direct
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
The Reporting Person sold the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as any related brokerage commission fees.
Footnote F2
Price reported is a weighted-average sales price. The shares were sold in a bulk lot beginning on August 22, 2022 (but not allocated until August 23, 2022) on behalf of certain employees of the Issuer, including the Reporting Person, at prices ranging from $2.52 to $2.88.
Footnote F3
These shares of Class V common stock ("Class V Common Stock") of the Issuer (as defined below) provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Common Stock will be entitled to vote with the holders of Class A common stock ("Class A Common Stock") of the Issuer, with each share of Class V Common Stock entitling the holder to a number of votes equal to the number of Post-Merger Class A Units (as described in footnote 4 below) held by such Class V Common Stock holder at the time of such vote.
Footnote F4
Post-Merger Class A Units represent non-voting limited liability company interests of WM Holding Company, LLC. Pursuant to the terms of an exchange agreement, these Class A units and an equivalent number of shares of Class V Common Stock are exchangeable on a one-for-one basis for shares of Class A Common Stock. These exchange rights do not expire.