4//SEC Filing
VAN PAASSCHEN FRITS D 4
Accession 0001819395-25-000031
CIK 0001819395other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 6:09 PM ET
Size
266.5 KB
Accession
0001819395-25-000031
Insider Transaction Report
Form 4
VAN PAASSCHEN FRITS D
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-02-13−12,517→ 0 total→ Common Stock (12,517 underlying) - Award
Common Stock
2025-02-13+49,689→ 70,074 total - Exercise/Conversion
Common Stock
2025-02-13+12,517→ 20,385 total
Holdings
- 10,424
Employee stock option (right to buy)
Exercise: $57.00Exp: 2029-11-15→ Common Stock (10,424 underlying)
Footnotes (6)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
- [F2]On September 20, 2023 the issuer effected a 1-for-20 reverse stock split (the "Reverse Stock Split"). The number of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
- [F3]Reflects the delayed vesting upon the effectiveness of the issuer's Registration Statement on Form S-8 with respect to the shares of common stock available for issuance under the issuer's 2021 Equity Incentive Plan, as amended, which were due to vest on June 7, 2024. The issuance of the shares of common stock was delayed until the issuer's filing of its delinquent periodic reports.
- [F4]Represents RSUs granted on February 13, 2025 as compensation for service as a director. The RSUs will vest in full on the earlier of (i) the one-year anniversary of the grant date of February 13, 2024, or (ii) the date of the 2025 annual meeting of shareholders, each subject to the reporting person's continued service as a director through the vesting date. Each RSU represents a contingent right to receive one share of common stock.
- [F5]Represents RSUs granted on June 7, 2023 as compensation for service as a director. The RSUs will vest in full on the earlier of (i) the one-year anniversary of the grant date, or (ii) the date of the issuers 2024 annual meeting of stockholders. Each RSU represents a contingent right to receive one share of common stock. The vesting of these RSUs was delayed upon the effectiveness of the issuer's Registration Statement on Form S-8 with respect to the shares of common stock available for issuance under the issuer's 2021 Equity Incentive Plan, as amended, which were due to vest on June 7, 2024. The issuance of the shares of common stock was delayed until the issuer's filing of its delinquent periodic reports.
- [F6]25% of the shares subject to the option vested on November 1, 2020 and 1/48th of the shares subject to the option vest monthly thereafter, subject to the reporting person remaining as a service provider to the issuer on each vesting date.
Issuer
Sonder Holdings Inc.
CIK 0001819395
Entity typeother
Related Parties
1- filerCIK 0001239009
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 6:09 PM ET
- Size
- 266.5 KB