Form: 3

Initial statement of beneficial ownership of securities

May 8, 2024

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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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1. Name and Address of Reporting Person*
Castagnoli Daniel

(Last) (First) (Middle)
15418 WEIR ST., #333

(Street)
OMAHA NE 68137

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/28/2024
3. Issuer Name and Ticker or Trading Symbol
Exodus Movement, Inc. [ EXOD ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of 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
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 793,048(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock (2) (2) Class A Common Stock 9,454,413 0 D
Explanation of Responses:
1. Includes (i) 32,013 RSUs originally granted on January 5, 2022 that vest in 21 equal monthly installments beginning May 1, 2024 through January 1, 2026, (ii) 429,688 RSUs originally granted on January 1, 2023 that vest in 33 equal monthly installments beginning May 1, 2024 through January 1, 2027, and (iii) 287,578 RSUs originally granted on March 13, 2024 that vest in 45 equal monthly installments beginning May 1, 2024 through January 1, 2028. Each RSU represents the right to receive one share of the Issuer's Class A common stock, par value $0.000001, upon settlement.
2. The Class B common stock, par value $0.000001, of the Issuer is convertible into an equal number of shares of the Issuer's Class A common stock, par value $0.000001, at any time, at the holder's election, and has no expiration date.
Remarks:
Exhibit 24.1 - Power of Attorney
/s/ James Gernetzke, attorney-in-fact 05/08/2024
** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 5 (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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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