Kalbfleisch Kurt L. 4
4 · Sphere 3D Corp. · Filed Jun 9, 2025
Insider Transaction Report
Form 4
Kalbfleisch Kurt L.
Acting CEO and CFO
Transactions
- Exercise/Conversion
Common Stock
2025-06-05+339,844→ 489,585 total - Tax Payment
Common Stock
2025-06-05$0.74/sh−134,406$99,326→ 355,179 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2025-06-05−339,844→ 1,355,356 total→ Common Stock (339,844 underlying)
Holdings
- 2,142(indirect: By Daughter)
Common Stock
- 2,142(indirect: By Son)
Common Stock
Footnotes (3)
- [F1]Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock.
- [F2]89,444 RSUs vested on March 31, 2025 and 250,000 RSUs vested on June 1, 2025.
- [F3]The RSUs reported under Column 9 include four awards. The underlying shares and vesting schedules are as follows: (i) 78,125 shares vest each quarter beginning June 30, 2025 until December 31, 2026; (ii) 11,719 shares vest each quarter beginning 6/30/2025 until 12/31/2025 and 11,717 shares vest on 3/31/2026; (iii) 11,607 shares vest on 6/20/25; (iv) 93,750 shares vest each quarter from 9/1/2025 until 6/1/2027.