Gores Metropoulos Sponsor II, LLC - Jan 11, 2022 Form 4 Insider Report for Gores Metropoulos II, Inc. (SOND)

Role
Director, 10%+ Owner
Signature
GORES METROPOULOS SPONSOR II, LLC, By: /s/ Andrew McBride, Attorney-in-Fact
Stock symbol
SOND
Transactions as of
Jan 11, 2022
Transactions value $
$0
Form type
4
Date filed
1/13/2022, 03:15 PM
Next filing
Jan 20, 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
transaction SOND Class F Common Stock, par value $0.0001 per share Other $0 -9.9M -88.57% $0.00 1.28M Jan 11, 2022 Class A Common Stock, par value $0.0001 per share 9.9M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Amended and Restated Certificate of Incorporation of Gores Metropoulos II, Inc. (the "Issuer"), shares of Class F common stock, par value $0.0001 per share (the "Class F Shares") have no expiration date and (i) are convertible into shares of Class A common stock, par value $0.0001 per share ("Class A Shares"), of the Issuer at any time at the option of the holder on a one-for-one basis and (ii) will automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis, in each case, subject to adjustment as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-251663).
F2 On January 11, 2022, Gores Metropoulos Sponsor II, LLC ("Sponsor") made an in-kind distribution of 9,897,715 Class F Shares to its members.