Kucharski Brandt Walter 4
4 · Matterport, Inc./DE · Filed Jul 27, 2021
Insider Transaction Report
Form 4
Kucharski Brandt Walter
Chief Accounting Officer
Transactions
- Award
Restricted Stock Unit
2021-07-22+269,715→ 269,715 total→ Class A Common Stock (269,714 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The restricted stock unit vests as to 67,429 of the underlying shares on May 18, 2022, and the remaining underlying shares will vest in equal quarterly installments until fully vested on May 15, 2025.
- [F3]Pursuant to the Merger Agreement (the "Merger Agreement"), dated February 7, 2021, by and among Gores Holdings VI, Inc. (the "Issuer"), Maker Merger Sub, Inc., Maker Merger Sub II, LLC and Matterport, Inc. ("Company"), each share of Company common stock issued and outstanding immediately prior to the effective time of the transactions contemplated by the Merger Agreement was automatically converted into the right to receive a number of shares of the Issuer's Class A Common Stock based on the Per Share Company Common Stock Consideration (as defined in the Merger Agreement). In addition, each outstanding Company equity award was automatically converted into a corresponding equity award of the Issuer based on the Per Share Company Common Stock Consideration and with the same terms and vesting conditions as the Company equity awards.