Reeves William Brian Poppic bought FLD
February 14, 2025 · Form 4 insider transaction
Reeves William Brian Poppic bought 11,513 shares of Fold Holdings, Inc., a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 26 days after the transaction.
Footnotes
Represents securities received as part of the Merger Agreement, pursuant to which each outstanding Legacy Fold RSU Award was automatically converted into an award of restricted stock units covering a number of shares of the Issuer's Common Stock based on the exchange ratio described in the Registration Statement.; The restricted stock units vest (i) in 48 equal monthly installments beginning on March 23, 2021, subject to Mr. Reeves' continued service through the applicable vesting date, and (ii) if and to the extent not already vested, in the case of termination of Mr. Reeves' employment without cause or resignation following: (A) a material adverse change in his job position causing such position to be of materially less stature or responsibility or (B) a change by the Company (or a successor company) in his principal work location by more than 60 miles, in each case, within twelve months after a "change in control" as such terms are defined in the Issuer's 2019 Equity Incentive Plan.