James J. Muchmore - Jan 24, 2023 Form 3 Insider Report for Wildfire New PubCo, Inc. (BAER)

Signature
/s/ James J. Muchmore
Stock symbol
BAER
Transactions as of
Jan 24, 2023
Transactions value $
$0
Form type
3
Date filed
1/24/2023, 08:34 PM
Next filing
May 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BAER Common Stock 871K Jan 24, 2023 Direct F1
holding BAER Common Stock 1.87M Jan 24, 2023 See footnotes F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists entirely of restricted stock units (the "RSUs") which vest as follows: (i) 10% of the RSUs vested on January 24, 2023, (ii) 10% of the RSUs shall vest on January 24, 2024, (iii) 10% of the RSUs shall vest on January 24, 2025, (iv) 10% of the RSUs shall vest on January 24, 2026, (v) 25% of the RSUs shall vest on January 24, 2027, (vi) 10% of the RSUs shall vest on January 24, 2028, and (vii) 25% of the RSUs shall vest on January 24, 2029, subject to the Reporting Person's continuous service with the Issuer through each applicable vesting date. The settlement of any vested RSUs is delayed until January 24, 2024.
F2 These shares are held directly by Black River Group LLC, which is managed by the Reporting Person.
F3 The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Act"), except to the extent of the Reporting Person's pecuniary interest therein, if any, and the filing of this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Act or for any other purpose.