Dana R. Settle - May 22, 2025 Form 3 Insider Report for MNTN, Inc. (MNTN)

Role
Director
Signature
/s/ Richard Ballard, Attorney-in-Fact
Stock symbol
MNTN
Transactions as of
May 22, 2025
Transactions value $
$0
Form type
3
Date filed
5/22/2025, 05:40 PM
Previous filing
Jun 11, 2024
Next filing
May 28, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SETTLE DANA R Director C/O MNTN, INC., 823 CONGRESS AVENUE, #1827, AUSTIN /s/ Richard Ballard, Attorney-in-Fact 2025-05-22 0001197109

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MNTN Class B Common Stock May 22, 2025 Class A Common Stock 131K See Footnote F1, F2, F3
holding MNTN Convertible Notes May 22, 2025 Class A Common Stock 2.06M See Footnote F2, F3, F4
holding MNTN Series B Preferred Stock May 22, 2025 Class B Common Stock 2.14M See Footnote F2, F5, F6
holding MNTN Series B-1 Preferred Stock May 22, 2025 Class B Common Stock 3.24M See Footnote F2, F5, F6
holding MNTN Series C Preferred Stock May 22, 2025 Class B Common Stock 465K See Footnote F2, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each outstanding share of Class B common stock will be convertible at any time at the option of the holder into one share of Class A common stock. In addition, each share of Class B common stock will convert automatically into one share of Class A common stock upon any transfer, whether or not for value, except for certain permitted transfers.
F2 Greycroft Managers II, LLC ("GCP II GP") is the general partner of Greycroft Partners II, L.P. ("GCP II"). Greycroft Growth III, LLC ("GCG III GP") is the general partner of Greycroft Growth III, L.P. ("GCG III"). The reporting person is a director of each of GCP II GP and GCG III GP and disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein.
F3 Securities held by GCG III.
F4 Upon the closing of the Issuer's initial public offering, the convertible notes will automatically convert into shares of Class A common stock upon the terms of the Note Conversion Agreement, as further described in the Issuer's Form S-1 (File No. 333-285471).
F5 Upon the closing of the Issuer's initial public offering, each share of preferred stock will automatically convert into shares of Class B common stock on a one-for-one basis.
F6 Securities held by GCP II.

Remarks:

Exhibit 24 - Power of Attorney.