0001871559-24-000005.txt : 20240409
0001871559-24-000005.hdr.sgml : 20240409
20240409204203
ACCESSION NUMBER: 0001871559-24-000005
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240318
FILED AS OF DATE: 20240409
DATE AS OF CHANGE: 20240409
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: D'Annunzio Marc
CENTRAL INDEX KEY: 0001871559
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39544
FILM NUMBER: 24834006
MAIL ADDRESS:
STREET 1: C/O BAKKT HOLDINGS, INC.
STREET 2: 10000 AVALON BOULEVARD, SUITE 1000
CITY: ALPHARETTA
STATE: GA
ZIP: 30009
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Bakkt Holdings, Inc.
CENTRAL INDEX KEY: 0001820302
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
ORGANIZATION NAME: 09 Crypto Assets
IRS NUMBER: 981550750
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 10000 AVALON BOULEVARD, SUITE 1000
CITY: ALPHARETTA
STATE: GA
ZIP: 30009
BUSINESS PHONE: 678-534-5849
MAIL ADDRESS:
STREET 1: 10000 AVALON BOULEVARD, SUITE 1000
CITY: ALPHARETTA
STATE: GA
ZIP: 30009
FORMER COMPANY:
FORMER CONFORMED NAME: VPC Impact Acquisition Holdings
DATE OF NAME CHANGE: 20200805
4/A
1
primary_doc.xml
PRIMARY DOCUMENT
X0508
4/A
2024-03-18
2024-03-20
0
0001820302
Bakkt Holdings, Inc.
BKKT
0001871559
D'Annunzio Marc
C/O BAKKT HOLDINGS, INC.
10000 AVALON BOULEVARD, SUITE 1000
ALPHARETTA
GA
30009
0
1
0
0
General Counsel & Secretary
0
Class A Common Stock
2024-03-18
4
A
0
20334
0
A
586964
D
Class A Common Stock
2024-03-18
4
A
0
8894
0
A
595858
D
Class A Common Stock
2024-03-18
4
A
0
14645
0
A
610503
D
Class A Common Stock
2024-03-18
4
A
0
29297
0
A
639800
D
Class A Common Stock
2024-03-18
4
A
0
563816
0
A
1203616
D
Class A Common Stock
2024-04-05
4
F
0
13095
0.5156
D
1190521
D
Bakkt Opco Units
Class A Common Stock
1204712
1204712
D
Represents the issuance of shares of Class A common stock resulting from vesting of one-third of performance stock units ("PSUs") granted on 01/21/2022 and the attainment of performance goals.
Includes 216,630 shares of Class A Common Stock subject to restricted stock units that remain subject to vesting.
Represents the issuance of shares of Class A common stock resulting from vesting of one-third of PSUs granted on 02/01/2022 and the attainment of performance goals.
Represents the issuance of shares of Class A common stock resulting from vesting of PSUs granted on February 13, 2023 and the attainment of performance goals.
These securities are PSUs resulting from attainment of performance goals. Each PSU represents a contingent right to receive one share of the issuer's Class A Common Stock. The PSUs shall vest in two equal annual installments on each anniversary of February 23, 2023, provided that the reporting person continues to be employed by the issuer as of each vesting date.
Includes 245,927 shares of Class A Common Stock subject to RSUs and PSUs that remain subject to vesting.
These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock. The RSUs shall vest in two equal annual installments on the first two anniversaries of March 18, 2024, provided that the reporting person continues to be employed by the issuer as of each vesting date.
Includes 809,743 shares of Class A Common Stock subject to RSUs and PSUs that remain subject to vesting.
In connection with the vesting of PSUs on March 18, 2024, the issuer withheld Class A Common Stock that would otherwise have been issued to the reporting person to satisfy such person's tax withholding obligations. The number of shares withheld was determined based on the closing price per share of Class A Common Stock on March 18, 2024.
Represents incentive units of Bakkt Management LLC, which units are, subject to certain limitations, redeemable at the request of the reporting person in exchange for the indicated number of common units of Bakkt Opco Holdings, LLC "(Bakkt Opco Units") and an equal number of shares of the issuer's Class V Common Stock.
Pursuant to the terms of an Amended and Restated Exchange Agreement dated as of May 3, 2022, subject to certain conditions, Bakkt Opco Units together with an equal number of shares of the issuer's Class V Common Stock, are exchangeable by the Reporting Person for shares of the issuer's Class A Common Stock on a one-for-one basis.
/s/ Marc D'Annunzio
2024-04-09