Form 4/A for BKKT Bakkt, Inc.
Accepted 2024-04-09 00:00:00 ET · period of report 2024-03-18 · accession 0001870910-24-000005 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MA | 2024-04-09 | 2024-03-18 | BKKT | Alexander Karen | CFO | A - Grant | $0.00 | +617.9K | 964.4K | +178% | $0 |
| A | 2024-04-09 | 2024-04-05 | BKKT | Alexander Karen | CFO | F - Tax | $0.52 | -5,194 | 959.2K | -0.5% | -$2,701 |
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 | 2024-03-18 | A | A | 14,645 | $0.00 | 361,018 | D | — | — | (F1) Represents the issuance of shares of Class A common stock resulting from vesting of performance stock units ("PSUs") granted on February 13, 2023 and the attainment of performance goals. (F2) Includes 224,118 shares of Class A Common Stock subject to restricted stock units ("RSUs") awards that remain subject to vesting. |
| 2 | Common | Class A Common Stock | 2024-03-18 | A | A | 29,297 | $0.00 | 390,385 | D | — | — | (F3) These securities are PSUs resulting from attainment of performance goals. Each PSU represents a contingent right to receive one share of the issuer's Class A Common Stock. The PSUs shall vest in two equal annual installments on each anniversary of February 23, 2023, provided that the reporting person continues to be employed by the issuer as of each vesting date. (F4) Includes 253,415 shares of Class A Common Stock subject to RSU and PSU awards that remain subject to vesting. |
| 3 | Common | Class A Common Stock | 2024-03-18 | A | A | 563,816 | $0.00 | 954,201 | D | — | — | (F5) These securities are RSUs. Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock. The RSUs shall vest in two equal annual installments on the first two anniversaries of March 18, 2024, provided that the reporting person continues to be employed by the issuer as of each vesting date. (F6) Includes 817,231 shares of Class A Common Stock subject to RSU and PSU awards that remain subject to vesting. |
| 4 | Common | Class A Common Stock | 2024-03-18 | A | A | 10,166 | $0.00 | 964,367 | D | — | — | (F7) These securities are PSUs resulting from attainment of performance goals. Each PSU represents a contingent right to receive one share of the issuer's Class A Common Stock. The PSUs shall vest on August 26, 2024, provided that the reporting person continues to be employed by the issuer as of such vesting date. (F8) Includes 827,397 shares of Class A Common Stock subject to RSU and PSU awards that remain subject to vesting. |
| 5 | Common | Class A Common Stock | 2024-04-05 | F | D | 5,194 | $0.52 | 959,173 | D | — | — | (F9) In connection with the vesting of PSUs on March 18, 2024, the issuer withheld Class A Common Stock that would otherwise have been issued to the reporting person to satisfy such person's tax withholding obligations. The number of shares withheld was determined based on the closing price per share of Class A Common Stock on March 18, 2024. (F8) Includes 827,397 shares of Class A Common Stock subject to RSU and PSU awards that remain subject to vesting. |