Form 4 for BKKT Bakkt, Inc.

Accepted 2023-02-03 00:00:00 ET · period of report 2023-02-01 · accession 0001871512-23-000001 · 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
	2023-02-03	2023-02-01	BKKT	Michael Gavin Constantine	CEO, Pres, Dir	S - Sale	$1.59	-340.0K	2.45M	-12%	-$540.6K
	2023-02-03	2023-02-03	BKKT	Michael Gavin Constantine	CEO, Pres, Dir	F - Tax	$2.00	-307.6K	2.14M	-13%	-$615.2K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2023-02-01	S	D	340,002	$1.59	2,446,547	D	—	—	(F1) The sales were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/30/2022. (F2) Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $1.52 to $1.70, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. (F3) Includes 2,099,489 shares of Class A Common Stock subject to restricted stock units that remain subject to vesting.
2	Common	Class A Common Stock	2023-02-03	F	D	307,580	$2.00	2,138,967	D	—	—	(F4) In connection with the vesting of restricted stock units on January 21, 2023, 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 January 20, 2023. (F3) Includes 2,099,489 shares of Class A Common Stock subject to restricted stock units that remain subject to vesting.