Form 4 for MNTN MNTN, Inc.
Accepted 2025-05-28 00:00:00 ET · period of report 2025-02-13 · accession 0001104659-25-053587 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-05-28 | 2025-05-23 | MNTN | Partovi Hadi | Dir | S - Sale | $16.00 | -50.0K | 447.5K | -10% | -$800.0K |
| DI | 2025-05-28 | 2025-05-23 | MNTN | Partovi Hadi | Dir | C - Cnv Deriv | — | +187.5K | 497.5K | +60% | — |
| DI | 2025-05-28 | 2025-05-23 | MNTN | Partovi Hadi | Dir | C - Cnv Deriv | — | 0 | 0 | New | — |
| D | 2025-05-28 | 2025-02-13 | MNTN | Partovi Hadi | Dir | A - Grant | $0.00 | +90.0K | 90.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-05-23 | S | D | 50,000 | $16.00 | 447,520 | I By Hadi Partovi Investments LLC | — | — | |
| 2 | Common | Class A Common Stock | 2025-05-23 | C | A | 187,500 | — | 497,520 | I By Hadi Partovi Investments LLC | — | — | (F1) Upon the closing of the Issuer's initial public offering, the convertible notes automatically converted into shares of Class A Common Stock upon the terms of the Note Conversion Agreement, as further described in the Issuer's Form S-1 (File No. 333-285471). |
| 3 | Derivative | Convertible Notes | 2025-05-23 | C | D | — | — | 0 | I | — · — to — | 187,500 Class A Common Stock | (F1) Upon the closing of the Issuer's initial public offering, the convertible notes automatically converted into shares of Class A Common Stock upon the terms of the Note Conversion Agreement, as further described in the Issuer's Form S-1 (File No. 333-285471). |
| 4 | Derivative | Stock Option | 2025-02-13 | A | A | 90,000 | $0.00 | 90,000 | D By Hadi Partovi Investments LLC | $20.54 · — to 2035-02-12 | 90,000 Class A Common Stock | (F3) These securities were previously reported on a Form 3 filed by the Reporting Person. (F2) The stock option vests in 48 substantially equal monthly installments beginning on March 13, 2025. |