Daniel Castagnoli - Mar 15, 2024 Form 4 Insider Report for Exodus Movement, Inc. (EXOD)

Signature
/s/ James Gernetzke, attorney-in-fact for Daniel Castagnoli
Stock symbol
EXOD
Transactions as of
Mar 15, 2024
Transactions value $
-$393,123
Form type
4
Date filed
3/4/2025, 07:42 PM
Previous filing
Jan 3, 2025
Next filing
Apr 2, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXOD Class A Common Stock Sale -$1.3K -192 -0.02% $6.75 809K Mar 15, 2024 Direct F4
transaction EXOD Class A Common Stock Tax liability -$392K -9.29K -1.15% $42.20 800K Mar 3, 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting and settlement of restricted stock units ("RSUs") previously granted under the Issuer's equity incentive plans, the Issuer withheld shares of the Issuer's Class A common stock, par value $0.0001 per share ("Class A Common Stock"), to satisfy its tax withholding obligations.
F2 Represents the price of the Company's Class A Common Stock on the vesting date.
F3 Includes (i) 15,244 RSUs originally granted on January 5, 2022 that vest in equal monthly installments through January 1, 2026, (ii) 286,459 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027 and (iii) 217,281 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.
F4 The Form 3 filed on May 8, 2024 to report ownership as of April 28, 2024 inadvertently excluded 192 shares of the Issuer's Class A common stock that were sold on March 15, 2024. This transaction occurred prior to the reporting person becoming subject to Section 16 of the Securities Exchange Act of 1934, as amended, and is being reported pursuant to Rule 16a-2(a).