Carly Strife - Jun 1, 2021 Form 4 Insider Report for Original Bark Co (BARK)

Role
Chief Food Officer
Signature
/s/ Matthew S. Miller, Attorney-in-Fact
Stock symbol
BARK
Transactions as of
Jun 1, 2021
Transactions value $
$0
Form type
4
Date filed
6/3/2021, 08:27 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BARK Common Stock +Grant/Award +11,389,352 11,389,352 Jun 1, 2021 Direct F1
transaction BARK Common Stock +Grant/Award +655,692 655,692 Jun 1, 2021 By trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BARK Stock Option (right to buy) +Grant/Award $0 +874,256 $0.00 874,256 Jun 1, 2021 Common Stock 874,256 $1.37 Direct F3

Explanation of Responses:

Id Content
F1 The shares of Common Stock were received in exchange for shares of common stock of Barkbox, Inc. ("BARK") in connection with the merger of BARK with and into a wholly owned subsidiary of the Issuer (the "Merger") as follows: (i) 1,300,611 shares of common stock of BARK in connection with the Merger and (ii) 18,674 shares of common stock of BARK issued in connection with the conversion of BARK's convertible promissory notes held by the Reporting Person. On the closing date of the Merger, the closing price of the Company's Common Stock was $11.24 per share.
F2 The shares of Common Stock were received in exchange for 75,000 shares of common stock of BARK in connection with the Merger. The shares are held by the Carly J. Strife Family Trust of which the Reporting Person is a beneficiary.
F3 The Stock Option was received in exchange for an option to purchase 100,000 shares of common stock of BARK in connection with the Merger. The Stock Option shall vest over a four-year period in 48 equal monthly installments after July 1, 2019, provided, that the Reporting Person remains in continuous service on each such vesting date. The Stock Option is also subject to acceleration in the event the Reporting Person is subject to a qualifying involuntary termination of employment in connection with the sale of the Issuer.