4//SEC Filing
Pandya Satyen J 4
Accession 0001819395-22-000045
CIK 0001819395other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 9:51 PM ET
Size
6.5 KB
Accession
0001819395-22-000045
Insider Transaction Report
Form 4
Pandya Satyen J
Chief Technology Officer
Transactions
- Award
Restricted Stock Units
2022-05-15+269,998→ 269,998 totalExercise: $0.00Exp: 2027-07-17→ Common (269,998 underlying)
Footnotes (3)
- [F1]Each restricted stock unit, or RSU, represents a contingent right to receive one share of common stock.
- [F2]1/6th of the RSUs vest on the date on which the Common Share Price (as defined in the Management Equity Incentive Plan) is equal to or greater than $13.00 (Triggering Event I), 1/6th of the RSUs vest on the date on which the Common Share Price is equal to or greater than $15.50 (Triggering Event II), 1/6th of the RSUs vest on the date on which the Common Share Price is equal to or greater than $18.00 (Triggering Event III), 1/6th of the RSUs vest on the date on which the Common Share Price is equal to or greater than $20.50 (Triggering Event IV), 1/6th of the RSUs vest on the date on which the Common Share Price is equal to or greater than $23.00 (Triggering Event V), and 1/6th of the RSUs vest on the date on which the Common Share Price is equal to or greater than $25.50 (Triggering Event VI).
- [F3]The performance period for the RSUs expires on July 17, 2027. Vesting of the RSUs is subject to continued employment through the applicable vesting date.
Documents
Issuer
Sonder Holdings Inc.
CIK 0001819395
Entity typeother
Related Parties
1- filerCIK 0001864639
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 9:51 PM ET
- Size
- 6.5 KB