Ball Eric R. 4
4 · SOUNDHOUND AI, INC. · Filed Jul 1, 2024
Insider Transaction Report
Form 4
Ball Eric R.
Director
Transactions
- Conversion
Class A Common Stock
2024-06-27+121,506→ 259,888 total - Conversion
Series A Preferred Stock
2024-06-27−3,334→ 0 total→ Class A Common Stock (121,506 underlying)
Footnotes (4)
- [F1]The acquisition of the Series A Preferred Stock was previously reported on a Form 4 in January 2023 in Table I and the disposition of the Series A Preferred Stock is being corrected in this Form 4 to be reported in Table II.
- [F2]Each share of Series A Preferred Stock was automatically converted on June 27, 2024 at the conversion ratio, which conversion ratio was determined by taking the sum of the original issue price of $30.00 per share of Series A Preferred Stock, plus all accrued dividends, divided by the conversion price of $1.00 per share.
- [F3]The Series A Preferred Stock was convertible at the option of the holder beginning on May 2, 2023 following the completion by the registrant of certain conditions.
- [F4]The Series A Preferred Stock was perpetual and therefore had no expiration date.