Mark Smalley - Aug 19, 2024 Form 4 Insider Report for Bitcoin Depot Inc. (BTM)

Signature
/s/ Christopher Scott Buchanan, as attorney-in-fact for Mark Smalley
Stock symbol
BTM
Transactions as of
Aug 19, 2024
Transactions value $
$4,300
Form type
4
Date filed
8/21/2024, 05:27 PM
Previous filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTM Class A common stock Sale $4.3K +2.5K +3.24% $1.72 79.6K Aug 19, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale of stock reflected in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on May 17, 2024 covered by previously vested RSU shares.
F2 Pursuant to the Bitcoin Depot Inc. 2023 Omnibus Incentive Plan, the reporting person was granted restricted stock units ("RSUs") on April 1, 2024. Each RSU represents a contingent right to receive one share of Class A common stock upon vesting. The RSUs vest periodically as follows: 25% of the RSUs will vest on each of the first four quarterly anniversaries of the vesting commencement date. Upon vesting, the RSUs will be settled by delivery of shares of Class A common stock.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in one transaction on August 19, 2024 at a price of $1.720.