HOM JAMES MING 4/A
4/A · SOUNDHOUND AI, INC. · Filed Mar 21, 2024
Insider Transaction Report
Form 4/AAmended
HOM JAMES MING
DirectorChief Product Officer
Transactions
- Sale
Class A Common Stock
2024-03-11$5.97/sh−50,416$301,084→ 512,732 total - Sale
Class B Common Stock
2024-03-13$8.01/sh−200,000$1,601,780→ 2,012,588 total→ Class A Common Stock (200,000 underlying)
Footnotes (5)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in December 2023.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $5.69 to 6.25. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F3]Includes 5,853 shares of common stock acquired in November 2023 through the SoundHound AI, Inc. 2022 Employee Stock Purchase Plan.
- [F4]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the reporting person or automatically or on the earliest to occur of certain events specified. The Class B Common Stock has no expiration date.
- [F5]On March 13, 2024, a 10b5-1 transaction executed and sold 200,000 shares of this reporting person's Class B Common Stock, resulting in the automatic conversion of such shares into Class A Common Stock upon execution of the sale. This transaction was executed in multiple trades during the day at prices ranging from $8.00 to $8.06. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.