Filing Details

Accession Number:
0001415889-25-004841
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-02-20 16:05:16
Reporting Period:
2025-02-18
Filing Date:
2025-02-20
Accepted Time:
2025-02-20 16:05:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1779474 Wm Technology Inc. MAPS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1519966 Douglas Francis C/O Wm Technology, Inc.
41 Discovery
Irvine CA 92618
Chief Executive Officer No No No No
1859722 Ghost Media Group, Llc C/O Wm Technology, Inc.
41 Discovery
Irvine CA 92618
No No Yes No
1859724 Wm Founders Legacy I, Llc C/O Wm Technology, Inc.
41 Discovery
Irvine CA 92618
No No Yes No
1859765 Genco Incentives, Llc C/O Wm Technology, Inc.
41 Discovery
Irvine CA 92618
No No Yes No
2051673 Rebecca Francis Legacy Trust Dated 5/14/24, Douglas M. Francis, Trustee C/O Wm Technology, Inc.
41 Discovery
Irvine CA 92618
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2025-02-18 90,000 $1.38 9,044,738 No 4 S Direct
Class A Common Stock Disposition 2025-02-18 2,328 $1.38 9,042,410 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class V Common Stock 3,740,393 Direct
Class V Common Stock 8,691,425 Indirect By Trust
Class V Common Stock 8,469,191 Indirect By LLC
Class V Common Stock 1,468,555 Indirect By LLC
Class V Common Stock 600,618 Indirect By LLC
Footnotes
  1. The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units, as well as any related brokerage commission fees. The sale satisfies the tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
  2. These shares of Class V common stock ("Class V Common Stock") of the Issuer (as defined below) provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Common Stock will be entitled to vote with the holders of Class A common stock ("Class A Common Stock") of the Issuer, with each share of Class V Common Stock entitling the holder to a number of votes equal to the number of Post-Merger Class A Units (as described in footnote 3 below) held by such Class V Common Stockholder at the time of such vote.
  3. Post-Merger Class A Units represent non-voting limited liability company interests of WM Holding Company, LLC. Pursuant to the terms of an exchange agreement, these Class A units and an equivalent number of shares of Class V Common Stock are exchangeable on a one-for-one basis for shares of Class A Common Stock. These exchange rights do not expire.
  4. Shares are held directly by the Rebecca Francis Legacy Trust dated 5/14/24, of which the Reporting Person is the Investment Trustee.
  5. Shares are held directly by Ghost Media Group, LLC ("Ghost Media") which is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by Ghost Media.
  6. Shares are held directly by WM Founders Legacy I, LLC ("WM Founders") which is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by WM Founders.
  7. Shares are held directly by Genco Incentives, LLC ("Genco") which is controlled by Mr. Francis. Accordingly, Mr. Francis may be deemed to be a beneficial owner of the shares held by Genco.