Hadi Partovi - 22 May 2025 Form 3 Insider Report for MNTN, Inc. (MNTN)

Role
Director
Signature
/s/ Richard Ballard, Attorney-in-Fact
Issuer symbol
MNTN
Transactions as of
22 May 2025
Transactions value $
$0
Form type
3
Filing time
22 May 2025, 17:42:42 UTC
Previous filing
28 May 2025
Next filing
02 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Partovi Hadi Director C/O MNTN, INC., 823 CONGRESS AVENUE, #1827, AUSTIN /s/ Richard Ballard, Attorney-in-Fact 22 May 2025 0001495865

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MNTN Class A Common Stock 310K 22 May 2025 By Hadi Partovi Investments LLC

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 Stock Option 22 May 2025 Class A Common Stock 197K $16.00 Direct F1
holding MNTN Stock Option 22 May 2025 Class A Common Stock 90K $20.54 Direct F2
holding MNTN Convertible Notes 22 May 2025 Class A Common Stock 188K By Hadi Partovi Investments LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option vests in 48 substantially equal monthly installments beginning on September 29, 2022.
F2 The stock option vests in 48 substantially equal monthly installments beginning on March 13, 2025.
F3 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).

Remarks:

Exhibit 24 - Power of Attorney.