Filing Details

Accession Number:
0001209191-22-038496
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-21 17:22:30
Reporting Period:
2022-06-16
Accepted Time:
2022-06-21 17:22:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1779474 Wm Technology Inc. MAPS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1519966 Douglas Francis C/O Wm Technology, Inc.
41 Discovery
Irvine CA 92618
Yes No Yes No
1859722 Ghost Media Group, Llc C/O Wm Technology, Inc.
41 Discovery
Irvine CA 92618
No No Yes No
1859724 Wm Founders Legacy I, Llc C/O Wm Technology, Inc.
41 Discovery
Irvine CA 92618
No No Yes No
1859765 Genco Incentives, Llc C/O Wm Technology, Inc.
41 Discovery
Irvine CA 92618
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2022-06-16 10,093 $4.57 4,750,854 No 4 S Direct
Class A Common Stock Acquisiton 2022-06-21 41,493 $0.00 4,792,347 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class V Common Stock 12,431,818 Direct
Class V Common Stock 8,469,191 Indirect By LLC
Class V Common Stock 1,468,555 Indirect By LLC
Class V Common Stock 600,618 Indirect By LLC
Footnotes
  1. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $4.55 to $5.59. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
  2. Represents the number of shares of Common Stock underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Common Stock. The RSUs will fully vest on the earlier of June 21, 2023 or the date of the Issuer's next annual meeting of stockholders, subject to acceleration, and subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan) through such vesting date.
  3. These shares of Class V common stock ("Class V Common Stock") of the Issuer (as defined below) provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Common Stock will be entitled to vote with the holders of Class A common stock ("Class A Common Stock") of the Issuer, with each share of Class V Common Stock entitling the holder to a number of votes equal to the number of Post-Merger Class A Units (as described in footnote 4 below) held by such Class V Common Stock holder at the time of such vote.
  4. Post-Merger Class A Units represent non-voting limited liability company interests of WM Holding Company, LLC. Pursuant to the terms of an exchange agreement, these Class A units and an equivalent number of shares of Class V Common Stock are exchangeable on a one-for-one basis for shares of Class A Common Stock. These exchange rights do not expire.
  5. Shares are held directly by Ghost Media Group, LLC ("Ghost Media") is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by Ghost Media Group, LLC.
  6. Shares are held directly by WM Founders Legacy I, LLC ("WM Founders") is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by WM Founders.
  7. Shares are held directly by Genco Incentives, LLC ("Genco") is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by Genco.