Reeves William Brian Poppic bought FLD
February 14, 2025 · Form 4 insider transaction
Reeves William Brian Poppic bought 554,317 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
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 December 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, subject to Mr. Reeves' continued service through the consummation of such change in control or initial public offering.