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Filing Details

Accession Number:: 0000950170-24-015325
Form Type:: 5
Zero Holdings:: No
Publication Time:: 2024-02-14 17:05:35
Reporting Period:: 2023-12-31

Accepted Time:: 2024-02-14 17:05:35
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1805651	Marketwise Inc.	MKTW	Services-Prepackaged Software (7372)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1871594	Patrick Mark Arnold	1125 N. Charles St. Baltimore MD 21201		No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class B Common Stock	Disposition	2023-06-14	1,000,000	$0.00	10,261,859	No	4	J	Direct
Class A Common Stock	Acquisiton	2023-06-14	1,000,000	$0.00	1,019,591	No	4	M	Direct
Class A Common Stock	Disposition	2023-06-16	1,000,000	$1.80	19,591	No	4	S	Direct
Class A Common Stock	Disposition	2023-06-20	19,591	$2.39	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	J	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Common Units	Disposition	2023-06-14	1,000,000	$0.00	1,000,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
10,261,859			No	5	C	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class B Common Stock	4,059,962	Indirect	See Footnote

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Common Units	$0.00			4,059,962	4,059,962	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	4,059,962	4,059,962	Indirect

Footnotes

Reflects the automatic cancellation of Class B Common Stock upon the redemption of an equal number of Common Units.
The Reporting Person was issued the Class A Common Stock in connection with the redemption of his Common Units and the cancellation of his Class B Common Stock.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $2.3599 to $2.4002, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
These securities are owned by Jama 2021, LLC, of which a trust is a member and of which the Reporting Person is a member and a manager. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein.
Upon the redemption of any Common Units, a number of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.
The Common Units are redeemable at any time by the Reporting Person for, at the election of the Issuer, newly-issued Class A common stock on a one-for-one basis or a cash payment equal to the volume weighted average market price of one Class A common stock for each Common Unit redeemed. Upon the redemption of any Common Units, a number of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.