BRIAN R. SMITH - 08 Nov 2024 Form 4 Insider Report for ALKAMI TECHNOLOGY, INC. (ALKT)

Signature
/s/ Brian R. Smith
Issuer symbol
ALKT
Transactions as of
08 Nov 2024
Net transactions value
-$107,812,500
Form type
4
Filing time
12 Nov 2024, 17:19:33 UTC
Previous filing
08 Oct 2024
Next filing
07 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALKT Common Stock Sale $4,687,500 -125,000 -16% $37.50 660,060 08 Nov 2024 Direct F1
transaction ALKT Common Stock Sale $89,062,500 -2,375,000 -14% $37.50 14,574,490 08 Nov 2024 See footnote F1, F2
transaction ALKT Common Stock Sale $703,125 -18,750 -2.8% $37.50 641,310 12 Nov 2024 Direct F3
transaction ALKT Common Stock Sale $13,359,375 -356,250 -2.4% $37.50 14,218,240 12 Nov 2024 See footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Persons sold these shares to the underwriter in a registered, underwritten secondary offering which closed on November 8, 2024 (the "Secondary Offering").
F2 Shares held directly by S3 Ventures Fund III, L.P. ("S3 Fund III"). S3 Ventures GPLP III, L.P. ("S3 GPLP III") is the general partner of S3 Fund III. S3 Ventures III, L.L.C. ("S3 III LLC") is the General Partner of S3 GPLP III. Brian R. Smith is the Managing Director of S3 III LLC. S3 GPLP III, S3 III LLC and Mr. Smith may be deemed to have beneficial ownership of the shares held by S3 Fund III. S3 GPLP III, S3 III LLC and Mr. Smith each disclaims beneficial ownership of all such shares except to the extent of its or his pecuniary interest therein.
F3 The Reporting Persons sold these shares to the underwriter on November 12, 2024, pursuant to the exercise in full of the underwriter's option to purchase additional shares in the Secondary Offering.