Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MTTR | Class A Common Stock | Award | +81.8K | 81.8K | Jul 22, 2021 | Direct | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MTTR | Stock Option | Award | +476K | 476K | Jul 22, 2021 | Class A Common Stock | 476K | $0.35 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Pursuant to the Merger Agreement, dated February 7, 2021 (the "Merger Agreement"), by and among Gores Holdings VI, Inc. (the "Issuer"), Maker Merger Sub, Inc., Maker Merger Sub II, LLC and Matterport, Inc. (the "Company"), each share of Company common stock issued and outstanding immediately prior to the effective time of the transactions contemplated by the Merger Agreement was automatically converted into the right to receive a number of shares of the Issuer's Class A Common Stock based on the Per Share Company Common Stock Consideration (as defined in the Merger Agreement). |
F2 | Stock Option is currently vested and exercisable as to 427,867 of the underlying shares, and the remaining shares will vest in equal yearly installments until fully vested on December 14, 2021. |
F3 | See Footnote 1. In addition, each outstanding Company equity award was automatically converted into a corresponding equity award of the Issuer based on the Per Share Company Common Stock Consideration and with the same terms and vesting conditions as the Company equity awards. |