Form 4 for BKKT Bakkt, Inc.
Accepted 2023-11-17 00:00:00 ET · period of report 2023-11-16 · accession 0001209191-23-055762 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2023-11-17 | 2023-11-16 | BKKT | Collins Sean Roberts | Dir | C - Cnv Deriv | $0.00 | +2.91M | 156.2K | New | $0 |
| DMI | 2023-11-17 | 2023-11-16 | BKKT | Collins Sean Roberts | Dir | C - Cnv Deriv | $0.00 | -2.91M | 0 | -100% | $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 | 2023-11-16 | C | A | 2,751,943 | $0.00 | 2,751,943 | I See Footnotes | — | — | (F1) Represents securities held directly by Goldfinch Co-Invest I LP. (F2) The general partner of each of Goldfinch Co-Invest I LP, Goldfinch Co-Invest IB LP and Goldfinch Co-Invest IC LP is Goldfinch Co-Invest I GP LLC. The Reporting Person is a Managing Partner of Goldfinch Co-Invest I GP LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein. |
| 2 | Common | Class A Common Stock | 2023-11-16 | C | A | 156,167 | $0.00 | 156,167 | I See Footnotes | — | — | (F3) Represents securities held directly by Goldfinch Co-Invest IB LP. (F2) The general partner of each of Goldfinch Co-Invest I LP, Goldfinch Co-Invest IB LP and Goldfinch Co-Invest IC LP is Goldfinch Co-Invest I GP LLC. The Reporting Person is a Managing Partner of Goldfinch Co-Invest I GP LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein. |
| 3 | Derivative | Bakkt Opco Units | 2023-11-16 | C | D | 2,751,943 | $0.00 | 0 | I See Footnotes | — · — to — | 2,751,943 Class A Common Stock | (F1) Represents securities held directly by Goldfinch Co-Invest I LP. (F2) The general partner of each of Goldfinch Co-Invest I LP, Goldfinch Co-Invest IB LP and Goldfinch Co-Invest IC LP is Goldfinch Co-Invest I GP LLC. The Reporting Person is a Managing Partner of Goldfinch Co-Invest I GP LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein. (F6) Common units of Bakkt Opco Holdings, LLC ("Bakkt Opco Units") and an equal number of shares of the Issuer's Class V Common Stock are, subject to certain limitations, exchangeable from time to time at the holder's option into shares of the Issuer's Class A Common Stock on a one-for-one basis (or, at the Issuer's option, for cash). |
| 4 | Derivative | Bakkt Opco Units | 2023-11-16 | C | D | 156,167 | $0.00 | 0 | I See Footnotes | — · — to — | 156,167 Class A Common Stock | (F3) Represents securities held directly by Goldfinch Co-Invest IB LP. (F2) The general partner of each of Goldfinch Co-Invest I LP, Goldfinch Co-Invest IB LP and Goldfinch Co-Invest IC LP is Goldfinch Co-Invest I GP LLC. The Reporting Person is a Managing Partner of Goldfinch Co-Invest I GP LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein. (F6) Common units of Bakkt Opco Holdings, LLC ("Bakkt Opco Units") and an equal number of shares of the Issuer's Class V Common Stock are, subject to certain limitations, exchangeable from time to time at the holder's option into shares of the Issuer's Class A Common Stock on a one-for-one basis (or, at the Issuer's option, for cash). |