Exodus Movement Inc.

01/03/2025 | Press release | Distributed by Public on 01/03/2025 20:15

Statement of Changes in Beneficial Ownership (Form 4)

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Castagnoli Daniel
2. Issuer Name and Ticker or Trading Symbol
Exodus Movement, Inc. [EXOD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
15418 WEIR ST., #333
3. Date of Earliest Transaction (Month/Day/Year)
11/21/2023
(Street)
OMAHA, NE 68137
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 11/21/2023(1) F 6,451(2) D $3.79 636,132 D
Class A Common Stock 12/26/2023(1) F 4,269(2) D $4.60 631,863 D
Class A Common Stock 01/25/2024(1) F 7,557(2) D $2.30 624,306 D
Class A Common Stock 03/13/2024(1) A 306,749(3) A $ 0 931,055 D
Class A Common Stock 03/19/2024(1) F 19,037(2) D $5.05 912,018 D
Class A Common Stock 04/30/2024 F 9,285(2) D $8 902,733(4) D
Class A Common Stock 05/28/2024 F 9,285(2) D $8 893,448 D
Class A Common Stock 06/21/2024 F 9,285(2) D $13.95 884,163 D
Class A Common Stock 07/25/2024 F 9,285(2) D $17 874,878 D
Class A Common Stock 08/27/2024 F 9,284(2) D $14.57 865,594 D
Class A Common Stock 09/25/2024 F 9,285(2) D $14.80 856,309 D
Class A Common Stock 10/21/2024 F 9,286(2) D $15.10 847,023 D
Class A Common Stock 11/25/2024 F 9,285(2) D $20.05 837,738 D
Class A Common Stock 12/12/2024 F 9,285(2) D $21.65 828,453(5) D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Castagnoli Daniel
15418 WEIR ST., #333
OMAHA, NE 68137
X X

Signatures

/s/ James Gernetzke, attorney-in-fact for Daniel Castagnoli 01/03/2025
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 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).
(2) 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 common stock, par value $0.0001 per share ("Class A Common Stock"), to satisfy its tax withholding obligations.
(3) Represents 306,749 RSUs granted under the Issuer's 2021 Equity Incentive Plan, 12,781 that were vested on the date of grant and 293,968 that vest in equal monthly installments though January 1, 2028. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.
(4) The Form 3 filed on May 8, 2024 to report ownership as of April 28, 2024 inadvertently excluded 119,033 shares of Class A Common Stock that included (i) 9,285 shares of Class A Common Stock withheld by the Issuer on April 30, 2024 and (ii) 109,748 additional shares of Class A Common Stock owned by the reporting person.
(5) Includes (i) 19,818 RSUs originally granted on January 5, 2022 that vest in equal monthly installments through January 1, 2026, (ii) 325,521 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027 and (iii) 236,453 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.