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

Role
General Counsel
Signature
/s/ Ananda Martin
Stock symbol
SPIR
Transactions as of
Aug 16, 2021
Transactions value $
$0
Form type
3/A - Amendment
Date filed
8/19/2021, 09:06 PM
Date Of Original Report
Aug 17, 2021
Next filing
Feb 8, 2022

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) Aug 16, 2021 Class A Common Stock 642K $1.85 Direct F1
holding SPIR Stock Option (right to buy) Aug 16, 2021 Class A Common Stock 54.8K $1.96 Direct F2
holding SPIR Stock Option (right to buy) Aug 16, 2021 Class A Common Stock 54.8K $2.18 Direct F3
holding SPIR Stock Option (right to buy) Aug 16, 2021 Class A Common Stock 122K $2.18 Direct F4
holding SPIR Stock Option (right to buy) Aug 16, 2021 Class A Common Stock 127K $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.