February 14, 2025 · Form 4 insider transaction
Reeves William Brian Poppic bought 51,582 shares of FLD, 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.
Not applicable.; 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 as to one-fourth of the underlying shares beginning on October 1, 2023 and thereafter in 48 equal monthly installments, subject to Mr. Reeves' continued service through the applicable vesting date and a liquidity event vesting condition. The liquidity event vesting condition is satisfied upon the first to occur, on or prior to the seventh anniversary of the grant date, of a change in control of the Issuer or an initial public offering of the Issuer Common Stock.