David Eifrig - 01 May 2023 Form 3/A - Amendment Insider Report for MARKETWISE, INC. (MKTW)

Role
Director
Signature
/s/ Gary Anderson, Attorney-in-fact
Issuer symbol
MKTW
Transactions as of
01 May 2023
Net transactions value
$0
Form type
3/A - Amendment
Filing time
12 May 2023, 16:52:53 UTC
Date Of Original Report
11 May 2023
Next filing
03 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MKTW Class A Common Stock 25,000 01 May 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of earn out shares, 50% of which will vest if the Issuer's Class A Common Stock achieves a price per share for any period of 20 trading days out of 30 consecutive trading days prior to July 21, 2025 that equals or exceeds $12.00 and the remainder of which will vest if the Issuer's Class A Common Stock achieves a price per share for any period of 20 trading days out of 30 consecutive trading days prior to July 21, 2025 that equals or exceeds $14.00.

Remarks:

This Form 3/A amends the original Form 3 filed on May 11, 2023, which inadvertently omitted 25,000 earn out shares held directly by the Reporting Person.