Elizabeth Ananda Martin - 16 Aug 2021 Form 3/A - Amendment Insider Report for Spire Global, Inc. (SPIR)

Role
General Counsel
Signature
/s/ Ananda Martin
Issuer symbol
SPIR
Transactions as of
16 Aug 2021
Net transactions value
$0
Form type
3/A - Amendment
Filing time
19 Aug 2021, 21:06:06 UTC
Date Of Original Report
17 Aug 2021
Next filing
08 Feb 2022
SEC
View on sec.gov

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
holding SPIR Stock Option (right to buy) 16 Aug 2021 Class A Common Stock 642,455 $1.85 Direct F1
holding SPIR Stock Option (right to buy) 16 Aug 2021 Class A Common Stock 54,846 $1.96 Direct F2
holding SPIR Stock Option (right to buy) 16 Aug 2021 Class A Common Stock 54,846 $2.18 Direct F3
holding SPIR Stock Option (right to buy) 16 Aug 2021 Class A Common Stock 122,291 $2.18 Direct F4
holding SPIR Stock Option (right to buy) 16 Aug 2021 Class A Common Stock 127,160 $3.30 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One fourth (1/4th) of the shares subject to the option vested on December 1, 2019 and one forty-eighth (1/48th) of the shares subject to the option vest monthly thereafter, subject to the Reporting Person's continued service through each such date.
F2 The shares subject to the option shall vest in twelve (12) equal monthly installments following December 1, 2022.
F3 The shares subject to the option shall vest in twelve (12) equal monthly installments following November 11, 2023.
F4 One fourth (1/4th) of the shares subject to the option vest on November 2, 2021 and one forty-eighth (1/48th) of the shares subject to the option vest monthly thereafter, subject to the Reporting Person's continued service through each such date.
F5 The shares subject to the option shall vest in twelve (12) equal monthly installments following January 1, 2021.

Remarks:

This Form 3 amendment is being filed to correct the original Form 3 filed on August 17, 2021. Pursuant to the terms of the Business Combination Agreement dated February 28, 2021 by and among the Issuer and the other parties thereto, the exercise prices for all of the options have been updated to effect the application of the final option exchange ratio of 1.8282.