Filing Details
- Accession Number:
- 0001104659-25-053584
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-05-28 16:30:25
- Reporting Period:
- 2025-02-21
- Filing Date:
- 2025-05-28
- Accepted Time:
- 2025-05-28 16:30:25
- SEC Url:
- Form 4 Filing
Issuer
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 2059554 | Steven Mark Douglas | C/O Mntn, Inc. 823 Congress Avenue, #1827 Austin TX 78768 | Chief Executive Officer | Yes | Yes | Yes | No |
| 2059559 | Hot Springs Capital I Llc | C/O Corporation Service Company, 251 Little Falls Drive, Wilmington DE 19808 | Yes | 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 | Acquisiton | 2025-05-23 | 900,000 | $0.00 | 900,000 | No | 4 | C | Indirect | By Hot Springs Capital I LLC |
| Class A Common Stock | Disposition | 2025-05-23 | 900,000 | $16.00 | 0 | No | 4 | S | Indirect | By Hot Springs Capital I LLC |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | By Hot Springs Capital I LLC |
| No | 4 | S | Indirect | By Hot Springs Capital I LLC |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class B Common Stock | Stock Option | Disposition | 2025-02-21 | 4,592,239 | $0.00 | 4,592,239 | $3.79 |
| Class B Common Stock | Stock Option | Disposition | 2025-02-21 | 6,927,936 | $0.00 | 6,927,936 | $3.79 |
| Class B Common Stock | Stock Option | Acquisiton | 2025-02-21 | 4,592,239 | $0.00 | 4,592,239 | $3.79 |
| Class B Common Stock | Stock Option | Acquisiton | 2025-02-21 | 6,927,936 | $0.00 | 6,927,936 | $3.79 |
| Class A Common Stock | Class B Common Stock | Disposition | 2025-02-21 | 5,314,342 | $0.00 | 5,314,342 | $0.00 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2025-02-21 | 5,314,342 | $0.00 | 5,314,342 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2025-05-23 | 900,000 | $0.00 | 900,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 131,925 | 2035-02-20 | No | 4 | G | Direct | |
| 158,310 | 2035-02-20 | No | 4 | G | Direct | |
| 4,592,239 | 2035-02-20 | No | 4 | G | Indirect | |
| 6,927,936 | 2035-02-20 | No | 4 | G | Indirect | |
| 0 | No | 4 | G | Direct | ||
| 5,314,342 | No | 4 | G | Indirect | ||
| 4,414,342 | No | 4 | C | Indirect |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | $0.00 | 448,000 | 448,000 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 448,000 | 448,000 | Indirect |
Footnotes
- Each outstanding share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. In addition, each share of Class B common stock will convert automatically into one share of Class A common stock upon any transfer, whether or not for value, except for certain permitted transfers.
- The stock option vests in 48 substantially equal monthly installments beginning on September 25, 2021.
- These securities were previously reported on a Form 3 filed by the Reporting Person.
- The stock option vests and becomes exercisable upon the attainment of certain closing trading prices of the Issuer's Class A common stock.
- Prior to the Issuer's initial public offering, these securities were held in the form of common stock.
Billionaire Hedge Funds
