Form 4 for BKKT Bakkt, Inc.
Accepted 2024-03-20 00:00:00 ET · period of report 2024-03-18 · accession 0001871512-24-000004 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-03-20 | 2024-03-18 | BKKT | Michael Gavin Constantine | CEO, Pres, Dir | A - Grant | $0.00 | +1.95M | 2.52M | +340% | $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 | 2024-03-18 | A | A | 211,670 | $0.00 | 2,482,960 | D | — | — | (F1) Represents the issuance of shares of Class A common stock resulting from vesting of one-third of performance stock units ("PSUs") granted on 01/21/2022 and the attainment of performance goals. (F2) Includes 1,131,800 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 | 1,332,456 | $0.00 | 4,218,666 | 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 2,464,256 shares of Class A Common Stock subject to RSUs awards that remain subject to vesting. |
| 3 | Common | Class A Common Stock | 2024-03-18 | A | A | 366,188 | $0.00 | 2,886,210 | D | — | — | (F4) Represents the issuance of shares of Class A common stock resulting from vesting of PSUs granted on 02/13/2023 and the attainment of performance goals. (F2) Includes 1,131,800 shares of Class A Common Stock subject to restricted stock units ("RSUs") awards that remain subject to vesting. |
| 4 | Common | Class A Common Stock | 2024-03-18 | A | A | 37,062 | $0.00 | 2,520,022 | D | — | — | (F3) Represents the issuance of shares of Class A common stock resulting from vesting of one-third of PSUs granted on 02/01/2022 and the attainment of performance goals. (F2) Includes 1,131,800 shares of Class A Common Stock subject to restricted stock units ("RSUs") awards that remain subject to vesting. |