Key facts
- This page summarizes Mark Patrick Arnold's Form 5 filing for MARKETWISE, INC. (MKTW).
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 14 Feb 2024, 17:05.
Mark Patrick Arnold - 31 Dec 2023 Form 5 Insider Report for MARKETWISE, INC. (MKTW)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- MKTW
- Reported as of
- 31 Dec 2023
- Net transaction value
- -$1,846,823
- SEC form
- 5
- Accepted by SEC
- 14 Feb 2024, 17:05:35 UTC
- Prior SEC filing
- 17 Nov 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Mark Arnold
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Mark Patrick Arnold filed Form 5 for MARKETWISE, INC. (MKTW) on 14 Feb 2024.
Change
- Previous filing in this sequence was filed on 17 Nov 2021.
- Current net transaction value: -$1,846,823.
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
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 5 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MKTW
transaction
Class B Common Stock
Other
- Transaction value
- $0
- Shares
- -1,000,000
- Change %
- -8.9%
- Price
- $0.000000
- Shares after
- 10,261,859
- Date
- 14 Jun 2023
- Ownership
- Direct
- Footnotes
- F1
MKTW
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +1,000,000
- Change %
- +5104%
- Price
- $0.000000
- Shares after
- 1,019,591
- Date
- 14 Jun 2023
- Ownership
- Direct
- Footnotes
- F2
MKTW
transaction
Class A Common Stock
Sale
- Transaction value
- $1,800,000
- Shares
- -1,000,000
- Change %
- -98%
- Price
- $1.80
- Shares after
- 19,591
- Date
- 16 Jun 2023
- Ownership
- Direct
MKTW
transaction
Class A Common Stock
Sale
- Transaction value
- $46,823
- Shares
- -19,591
- Change %
- -100%
- Price
- $2.39
- Shares after
- 0
- Date
- 20 Jun 2023
- Ownership
- Direct
- Footnotes
- F3
MKTW
holding
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 4,059,962
- Date
- 31 Dec 2023
- Ownership
- See Footnote
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MKTW
transaction
Derivative
Common Units
Conversion of derivative security
- Transaction value
- $0
- Shares
- -1,000,000
- Change %
- -8.9%
- Price
- $0.000000
- Shares after
- 10,261,859
- Date
- 14 Jun 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,000,000
- Exercise price
- Footnotes
- F5, F6
MKTW
holding
Derivative
Common Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 4,059,962
- Date
- 31 Dec 2023
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 4,059,962
- Exercise price
- Footnotes
- F4, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Reflects the automatic cancellation of Class B Common Stock upon the redemption of an equal number of Common Units.
Footnote F2
The Reporting Person was issued the Class A Common Stock in connection with the redemption of his Common Units and the cancellation of his Class B Common Stock.
Footnote F3
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $2.3599 to $2.4002, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
Footnote F4
These securities are owned by Jama 2021, LLC, of which a trust is a member and of which the Reporting Person is a member and a manager. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein.
Footnote F5
Upon the redemption of any Common Units, a number of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.
Footnote F6
The Common Units are redeemable at any time by the Reporting Person for, at the election of the Issuer, newly-issued Class A common stock on a one-for-one basis or a cash payment equal to the volume weighted average market price of one Class A common stock for each Common Unit redeemed. Upon the redemption of any Common Units, a number of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.