William S. Rushforth - Nov 9, 2021 Form 4 Insider Report for Bird Global, Inc. (BRDS)

Role: Chief Vehicle Officer
Signature: By: /s/ Kevin Lee, attorney-in-fact
Stock symbol: BRDS
Transactions as of: Nov 9, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/12/2021, 04:02 PM
Previous filing: Nov 12, 2021
Next filing: Jan 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRDS	Class A Common Stock	Award	$0	+2.65M	+4495.3%	$0.00	2.71M	Nov 9, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes (a) 154,655 earn-out shares that will vest in three substantially equal installments if the Issuer's Class A Common Stock achieves a price per share for any ten trading days within any 20 consecutive trading period prior to November 4, 2026 that equals or exceeds the following thresholds: $12.50, $20.00 and $30.00; (b) 1,500,000 earn-out shares that will vest in three substantially equal installments based on the foregoing stock price vesting conditions and subject to an additional time-based vesting requirement whereby such shares will vest in 16 substantially equal quarterly installments beginning on November 4, 2021; and (c) 1,000,000 restricted stock units, 25% of which will vest on November 8, 2022, with the remaining 75% vesting in 12 equal quarterly installments thereafter; each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.

Content

Includes (a) 154,655 earn-out shares that will vest in three substantially equal installments if the Issuer's Class A Common Stock achieves a price per share for any ten trading days within any 20 consecutive trading period prior to November 4, 2026 that equals or exceeds the following thresholds: $12.50, $20.00 and $30.00; (b) 1,500,000 earn-out shares that will vest in three substantially equal installments based on the foregoing stock price vesting conditions and subject to an additional time-based vesting requirement whereby such shares will vest in 16 substantially equal quarterly installments beginning on November 4, 2021; and (c) 1,000,000 restricted stock units, 25% of which will vest on November 8, 2022, with the remaining 75% vesting in 12 equal quarterly installments thereafter; each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.