Mike Novotny - 01 Jun 2021 Form 4 Insider Report for Original Bark Co (BARK)

Role
Chief Operating Officer
Signature
/s/ Matthew S. Miller, Attorney-in-Fact
Issuer symbol
BARK
Transactions as of
01 Jun 2021
Net transactions value
$0
Form type
4
Filing time
03 Jun 2021, 20:33:53 UTC
Next filing
18 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BARK Common Stock Award +6,119 6,119 01 Jun 2021 Direct F1

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) Award $0 +518,346 $0.000000 518,346 01 Jun 2021 Common Stock 518,346 $0.3800 Direct F2
transaction BARK Stock Option (right to buy) Award $0 +5,875 $0.000000 5,875 01 Jun 2021 Common Stock 5,875 $0.3800 Direct F3
transaction BARK Stock Option (right to buy) Award $0 +874,256 $0.000000 874,256 01 Jun 2021 Common Stock 874,256 $0.8800 Direct F4
transaction BARK Stock Option (right to buy) Award $0 +524,553 $0.000000 524,553 01 Jun 2021 Common Stock 524,553 $1.39 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Common Stock were received in exchange for 700 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").. On the closing date of the Merger, the price of the Company's Common Stock was $11.24 per share.
F2 The Stock Option was received in exchange for an option to purchase 59,290 shares of common stock of BARK in connection with the Merger. The Stock Option is fully vested.
F3 The Stock Option was received in exchange for an option to purchase 672 shares of common stock of BARK in connection with the Merger. The Stock Option is fully vested.
F4 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 five-year period in 60 equal monthly installments after August 1, 2017, 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.
F5 The Stock Option was received in exchange for an option to purchase 60,000 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 November 1, 2019, provided, that the Reporting Person remains in continuous service on each such vesting date.