4//SEC Filing
Brown Timothy O. 4
Accession 0001653909-22-000056
CIK 0001653909other
Filed
Jul 27, 8:00 PM ET
Accepted
Jul 28, 4:14 PM ET
Size
20.2 KB
Accession
0001653909-22-000056
Insider Transaction Report
Form 4
Allbirds, Inc.BIRD
Brown Timothy O.
DirectorCo-Chief Executive Officer10% Owner
Transactions
- Conversion
Class A Common Stock
2022-07-27+664,330→ 664,330 total(indirect: By GRAT) - Gift
Class A Common Stock
2022-07-27−664,330→ 0 total(indirect: By GRAT) - Conversion
Class B Common Stock
2022-07-27−664,330→ 0 total(indirect: By GRAT)→ Class A Common Stock (664,330 underlying) - Conversion
Class A Common Stock
2022-07-27+664,330→ 664,330 total(indirect: By GRAT) - Gift
Class A Common Stock
2022-07-27−664,330→ 0 total(indirect: By GRAT) - Conversion
Class B Common Stock
2022-07-27−664,330→ 0 total(indirect: By GRAT)→ Class A Common Stock (664,330 underlying)
Holdings
- 50,000(indirect: By Trust)
Class A Common Stock
- 13,330,925(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (13,330,925 underlying)
Transactions
- Conversion
Class A Common Stock
2022-07-27+664,330→ 664,330 total(indirect: By GRAT) - Gift
Class A Common Stock
2022-07-27−664,330→ 0 total(indirect: By GRAT) - Conversion
Class A Common Stock
2022-07-27+664,330→ 664,330 total(indirect: By GRAT) - Conversion
Class B Common Stock
2022-07-27−664,330→ 0 total(indirect: By GRAT)→ Class A Common Stock (664,330 underlying) - Gift
Class A Common Stock
2022-07-27−664,330→ 0 total(indirect: By GRAT) - Conversion
Class B Common Stock
2022-07-27−664,330→ 0 total(indirect: By GRAT)→ Class A Common Stock (664,330 underlying)
Holdings
- 13,330,925(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (13,330,925 underlying) - 50,000(indirect: By Trust)
Class A Common Stock
Footnotes (7)
- [F1]Each share of Class A Common Stock was issued upon the conversion of one share of Class B Common Stock at the election of the Reporting Person.
- [F2]Shares are held of record by Timothy O. Brown, as Trustee of The Timothy Brown 2017 Grantor Retained Annuity Trust dated June 22, 2017, of which the Reporting Person is trustee and has voting and investment power over such shares.
- [F3]Shares transferred for no consideration for estate planning purposes to a trust for the benefit of the Reporting Person's children (the "Children's Trust"). The Reporting Person has no voting or investment power over the shares held by the Children's Trust.
- [F4]Each share of Class A Common Stock was issued upon the conversion of one share of Class B Common Stock at the election of the Reporting Person's spouse.
- [F5]Shares are held of record by Lindsay T. Brown, as Trustee of The Lindsay Brown 2017 Grantor Retained Annuity Trust dated June 22, 2017, of which the Reporting Person's spouse is trustee and may be deemed to share voting and investment power over such shares.
- [F6]Shares are held of record by Timothy O. Brown and Lindsay T. Brown, as Trustees of the Grenadier Trust Under Revocable Trust Agreement Dated January 22, 2018, of which the Reporting Person is co-trustee and shares voting and investment power over such shares.
- [F7]Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will convert automatically into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation.
Documents
Issuer
Allbirds, Inc.
CIK 0001653909
Entity typeother
Related Parties
1- filerCIK 0001883574
Filing Metadata
- Form type
- 4
- Filed
- Jul 27, 8:00 PM ET
- Accepted
- Jul 28, 4:14 PM ET
- Size
- 20.2 KB