Trompeter Patricia 4
4 · Sphere 3D Corp. · Filed May 23, 2023
Insider Transaction Report
Form 4
Trompeter Patricia
DirectorCEO
Transactions
- Exercise/Conversion
Common Stock
2023-05-22+193,550→ 474,325 total - Sale
Common Stock
2023-05-22$0.33/sh−41,858$13,888→ 432,467 total - Sale
Common Stock
2023-05-23$0.34/sh−29,142$9,777→ 403,325 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2023-05-22−193,550→ 1,024,200 total→ Common Stock (193,550 underlying)
Footnotes (4)
- [F1]Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock.
- [F2]This transaction represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting of the RSUs. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.3302 to $0.335, inclusive.
- [F3]This transaction represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting of the RSUs. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.3336 to $0.3371, inclusive.
- [F4]The RSUs reported under column 9 represent two awards. The underlying shares and vesting schedules are as follows: (i) 774,200 shares vest on 12/1/2023, and (ii) 125,000 shares vest on 4/8/24 and 125,000 shares vest on 4/8/25.